Inflation inches up in final 2024 reading
Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...
Consumer Cos Climb After Inflation Data - Consumer Roundup
The consumer-price index came in relatively hot, rising 2.9% over the year, the Labor Department. But the so-called core CPI, which excludes volatile food and energy prices, rose 0.2% from a month ...
Inflation speeds up, ends 2024 at 2.9 percent
Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The consumer price index (CPI) rose 0.4 percent in the final month of 2024 and ended ...
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 ...
Why S&P 500’s financials sector is on pace for its best day since early November
Financial stocks had among the biggest gains among the S&P 500 ‘s 11 sectors in afternoon trading Wednesday, as shares of ...
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 ...
US core CPI finally eases, rallying bets for Fed to cut sooner
U.S. consumer prices rose in December by less than forecast, a welcome stepdown that helped arrest a deep selloff in bond ...
Stock Market Today: Dow Pops 703 Points on Cooler Inflation
A benign reading from the Consumer Price Index report assuaged market fears about the path of borrowing costs.
U.S. stocks finish sharply higher, helped by CPI data and plunging yields
The Dow Jones Industrial Average and S&P 500 finished with a third straight day of gains on Wednesday, after December's consumer-price index sparked a relief rally and the biggest plunge in Treasury ...
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Rising Energy Costs Push Inflation Up Again. Ways You Can Save This Winter
Inflation crept up again in December, driven mostly by a jump in energy prices, according to the latest Consumer Price Index ...
US consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The ...
2-year yield plunges by most since September on mild core CPI inflation reading
Treasury yields broadly fell on Wednesday after the U.S. consumer-price index report for December included a softer-than-expected monthly core reading of 0.2%, below the 0.3% reading that had been ...