Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to ...
Global unemployment remained steady last year at an historical low of 5%, where it is set to stay in 2025, the International ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.