The higher than expected inflation number for January came during during Fed chairman Jerome Powell's semiannual testimony before Congress.
Wholesale inflation has accelerated for five straight months and is currently at its highest level since February 2023. Read more here.
The producer price index was hotter in January than economists had forecast, but was still consistent with a longer-term trend of softening inflation. The PPI increased by 0.4% in January, but ...
The Dow, S&P 500, and Nasdaq are rising Thursday as the stock market reacts to President Donald Trump's tariff announcement, inflation data, and Russia-Ukraine peace talks.
The S&P 500 ended higher on Thursday, lifted by gains in Nvidia, Apple and Tesla, after U.S. President Donald Trump unveiled ...
Inflation throughout the Riverside metropolitan area increased nearly 2% over the previous two months, pushed higher by rising costs across most sectors of the regional economy, according to data ...
Wall Street climbed on Thursday, even as the Producer Price Index (PPI) sharply exceeded estimates in January, reigniting ...
US stock futures steady as traders await PPI data and monitor tariffs. Cisco surges on AI growth while markets eye Fed policy ...
US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for ...
Severe winter weather is disrupting travel and commutes across the US, with data showing thousands of recent flight cancellations and delays. Millions of people on the West Coast are currently under ...
The risk with TIP is increased because it is inflation-backed. The Treasury can theoretically create money to repay debt, but ...
Inflation worries were re-ignited after consumer prices rose faster than expected in January, with Wall Street experts expecting caution from the Federal Reserve while keeping a wary eye on further ...