Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
Excluding food and energy, core CPI gained 0.2% from a month earlier, after increasing 0.3% in each of the previous four months. The latest print slightly trailed the +0.3% consensus and the prior ...
Inflation data this week has come in below forecasts. Earnings season is off to a solid start. Is this the medicine the ...
As inflation and Fed policy take center stage, institutional flows and macro conditions could shape Bitcoin’s path to ...