The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December. That's up from 2.7% in November.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
Gold and silver are consolidating within tight ranges ahead of the CPI data release, while the US dollar index has formed a ...
Treasury yield broke the downtrend line from the October ’23 high-yield tick in the 10-year of 4.99%, and now we are working ...
Japan's wholesale prices rose 3.8% in December from a year earlier, central bank data showed on Thursday, highlighting ...