Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual inflation.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose ...
Two US Federal Reserve ... re definitely aiming still to get there, and we know the job is not done.” Officials have lowered interest rates by a full percentage point since September last year.
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up ...
Demographics, geopolitics, government spending and tax rates, and US oil production ... rising inflation in 2021, and it is now causing inflation to appear "stubbornly high" and "sticky" today ...
The good news is even with the high cost of living right now, there are still ways we ... implementing are helping us to build wealth despite this period of high inflation.
The FTSE 100 ( ^FTSE) and European stocks were higher on Wednesday as traders digested news that UK inflation unexpectedly ...
In Phoenix, food away from home saw one of the more significant jumps, increasing 3.4% in the past year compared to grocery prices, which rose 0.7%. Energy prices declined overall, driven by lower gas ...