Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Gold futures rise on a weaker dollar and U.S. economic data. Futures are up 1.1% at $2,711.90 a troy ounce. The precious metal has built on gains from softer U.S. Producer Price Index data published ...
Stock futures rose ahead of December’s consumer price index report. The SEC sued Elon Musk over his 2022 purchase of Twitter.
Washington, DC, January 15, 2025-Construction input prices decreased 0.2% in December compared to the previous month, ...
Investors looked ahead to the release of December’s CPI data and the start of the fourth-quarter earnings season.
Where prices did climb — warehousing and transportation — points to an inventory build. Upcoming CPI will make the inflation ...
Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose ...
US benchmark equity indexes were struggling for direction ahead of Tuesday's close as traders parsed the latest producer price report and awaited official data on consumer inflation. The Nasdaq ...
Separately, inflation traders are currently bracing for the annual headline CPI rate to come in at 2.9% for both December and January. They expect the rate to slip toward 2.5% through May before ...
There are growing concerns about the stickiness of inflation and fears that the Federal Reserve may have to keep interest ...
US producer inflation rose less than analysts expected in December, according to government data released Tuesday, on the back of cooler food costs.