The increase in the consumer price index is unhelpful for President-elect Donald Trump, who will soon inherit the economy ...

Shares of many artificial intelligence (AI) stocks moved higher on the news. Semiconductor company Micron Technology ( MU 5.96%) traded 5.7% higher as of 12:12 p.m. ET. Meanwhile, AI software ...

US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...

Major U.S. indexes surged at midday Wednesday after several big banks reported strong quarterly results and a key measure of inflation came in softer than anticipated.

The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...

Federal Reserve Bank of Chicago President Austan Goolsbee said he sees continued improvement in inflation and is optimistic ...

Advisors predicted that more banks will do deals and those transactions will be larger in 2025 amid expectations for lighter ...

The consumer price index suggests that the jump in expectations for price gains might not be over, and tariffs won’t help.

Rising energy prices accounted for more than 40% of the total increase in the CPI, according to the BLS, and gasoline prices ...

Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and highly anticipated inflation numbers that came in softer than expected.

US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.

Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...