US stock market declines as CPI data fuels Fed uncertainty. Nasdaq 100 struggles, but Tesla and Gilead Sciences defy the ...
U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve’s message that it was in no rush to resume cutting interest rates amid growing uncertainty over the ...
New and used car prices were mixed to start the year in January’s Consumer Price Index (CPI) reading, but used prices continued trending higher, with January’s jump the largest since May 2023.
Federal Reserve Chair Jerome Powell appeared before the House Financial Services Committee after an inflation report showed consumer prices rose more than expected. Follow along for live updates on ...
Spot Gold recovered from an intraday low of $2,863.61 and trades above the $2,900 mark in the mid-American session. Financial markets are quite volatile in the second half of the day after multiple ...
Annual inflation increased to 3 percent from 2.9 percent in January, according to a Wednesday report from the Labor ...
Inflation unexpectedly accelerated in the first month of 2025, adding political and economic pressure to President Donald ...
Inflation prices jumped to 0.5% from January to December, which was the largest increase since August 2023.
U.S. inflation accelerated last month as the cost of groceries and gasoline rose, a trend that will likely underscore the ...
The latest inflation report shows prices were up in January, pushing the annual inflation rate to 3%. News 6 Anchor Lisa Bell spoke with CBS News business analyst Jill Schlesinger to dig deeper into ...
Consumer price inflation reared its ugly head to start the year, dashing hopes for the Fed to lower borrowing costs anytime soon.