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.
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 ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
We knew that today's Consumer Price Index (CPI) was a hotly anticipated economic report that at least had the potential to ...
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to ...
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...
Global unemployment remained steady last year at an historical low of 5%, where it is set to stay in 2025, the International ...