Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
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 ...
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.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
Most stock markets in the Gulf ended higher on Wednesday ahead of highly anticipated U.S. consumer price index data, which ...