Wall Street closely watches trends in consumer spending, which accounts for more than two-thirds of U.S. economic activity.

As rising costs push more buyers toward affordable alternatives, the used car market is seeing strong momentum. Given this ...

We are still feeling the effects of yesterday’s CPI. It’s not so much the BLS reading of headline and core CPI higher, but rather the Cleveland Fed’s median up 3.9% annualized (from 3.59%) and core up ...

Market Overview Analysis by ING Economic and Financial Analysis (James Knightley) covering: . Read ING Economic and Financial ...

ASX 200 futures are up 4pts (0.04%) as of 8:30 am AEDT. In a nutshell: US inflation was very hot, with headline CPI up 0.5% ...

Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high ...

That represented an acceleration over the nice inflation data we saw in December (the best core inflation print since July!), but was expected to be attributable to one-offs such as wildfire effects.

“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...

The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the previous month.

Markets opened lower this morning, reacting to what is viewed as a “hot” inflation report. Click here to read more about the ...

US inflation came in well ahead of expectations, prompting the market to dramatically reprice the prospect of rate cuts.