Inflation Ticks Up to 2.9%, but Underlying Price Gains Are Muted
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
US stocks surge after latest inflation report shows progress on price hikes
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
Core consumer prices rose 0.2% in December, below expectations
The consumer price index, the cost shoppers pay for a wide range of goods and services, rose faster than expected in December ...
Consumer price growth rose in December, a sign Trump will inherit stubborn inflation as he takes office
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
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Investors Look Toward Key Inflation Data as US Futures Trend Higher in Premarket
US stock futures are rising in Wednesday's premarket session as investors anxiously await key inflation data this morning. Dow Jones Industrial Average futures were up 0.41%, S&P 500 futures were ...
US stocks and bonds cling on to inflation-driven gains
U.S. shares and bond prices held on to their inflation-inspired gains from the previous session on Thursday as traders digested data showing a small increase in U.S. retail sales.
2-year yield plunges by most since September on mild core CPI inflation reading
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index came in softer than expected, handing yields their biggest one-day declines ...
US Stocks Pop On Inflation Data, Strong Earnings
US stocks jumped Wednesday, reversing a recent decline as traders responded enthusiastically to strong bank earnings and data indicating a slowdown in underlying inflation.