U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.

Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...

Key Takeaways Bitcoin topped $100,000 again Wednesday, climbing back after recently sliding under $90,000 for the first time ...

Mark Andersen, UBS Global Wealth Management co-head of global asset allocation, joins 'Money Movers' to discuss Wednesday's ...

The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...

A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries ...

Wednesday's softer-than-expected core CPI number offers some relief to the Federal Reserve, especially after last week's hot employment report, that could allow interest-rate cuts to remain on the ...

U.S. consumer prices rose in December by less than forecast, a welcome stepdown that helped arrest a deep selloff in bond ...

CPI Lived Up To Market Moving Potential And Then Some For every 14 or 15 times we approach a potential big-ticket market ...

The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong ...