Energy and food prices drove inflation in December
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
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US consumer inflation rises in December but underlying pressures ease
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...
Inflation Rises Again, Hitting 2.9% in December
Markets cheered a December inflation report that suggested underlying price pressures are easing, but the Federal Reserve ...
Why S&P 500's financials sector just booked its best day since early November
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 ...
Business Times29m
US Federal Reserve trio express confidence inflation will continue to slow
A CLUTCH of US Federal Reserve officials on Wednesday (Jan 15) welcomed fresh data showing a crucial gauge of consumer prices ...
Business Times25m
Europe: Shares log best day in four months after US data
EUROPEAN shares closed over 1 per cent higher on Wednesday after an in-line inflation reading in the US raised the chances of ...
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New Administration Clouds Economic Outlook For New Year
Three economic experts share their outlook on what 2025 might hold. No surprise: The incoming Trump administration is a wild ...