December Personal Income And Outlays: Strong Consumption Beat Hides Subtle Cooling In Inflation
The Fed is in a holding pattern, awaiting more data, with December showing strong consumption but moderate inflation, suggesting disinflationary trends.
US inflation increases in December; consumer spending robust
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
CBS News18d
Pictures of L.A. fire damage show aftermath of California blazes
As wind-whipped fires turned the L.A.-area neighborhoods of Pacific Palisades and Altadena from sunny Southern California paradise into smoky hellscape, photojournalists who captured the blazes ...
Fox2Now St. Louis18d
Surveillance images released in December Bevo Mill shooting
ST. LOUIS – Lois and Robert McClure are devastated over the December shooting that took the life of their son, Jason McClure. Police have released surveillance images of three potential subjects ...
Car and Driver18d
Car and Driver, November/December 2024 Issue
Editor's Letter: I Once Shocked Myself Trying to Fix a Light Switch Remove and replace works well when shiny new parts are plentiful, but when your car has been out of production for decades, you ...
Newsweek18d
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
Inflation remains a major concern. Graeme Sloan/Sipa via AP Images What to Know Gas prices surged 4.4 percent in December, while egg prices jumped 3.2 percent, continuing to feel the ripple ...
Investopedia18d
CPI Inflation Hurt More In December But With A Silver Lining
Matt Stone / MediaNews Group / Boston Herald via Getty Images The Consumer Price Index rose 2.9% in December, accelerating from a 2.7% annual increase in November. Core inflation rose 3.2% over ...
Forbes18d
Inflation Ticked Up To 2.9% In December As Expected—Highest Since July
Inflation in December was its highest since the summer, according to data released Wednesday morning, a sign of the lingering presence of higher prices for consumers, though economists did predict ...
NBC Chicago18d
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December. That's up from 2.7% in November. Energy, food, new and used vehicles, car insurance and airline fares were ...
The New York Times19d
Inflation Sped Up in December, a Fresh Challenge for the Fed
Source: Bureau of Labor Statistics By The New York Times By Ben Casselman Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against inflation may ...
The Washington Post19d
Inflation heated up in December, as prices continue to weigh on Americans
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, in line with economists’ expectations and hotter than a 2.7 percent ...