The report highlighted that food and non-alcoholic beverages accounted for the largest share of the inflationary pressure, ...
Shelter costs were 4.6% higher in December than a year earlier, and they account for more than a third of the consumer price ...
A benign reading from the Consumer Price Index report assuaged market fears about the path of borrowing costs.
Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...
The consumer-price index came in relatively hot, rising 2.9% over the year, the Labor Department. But the so-called core CPI, which excludes volatile food and energy prices, rose 0.2% from a month ...
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...
In Phoenix, food away from home saw one of the more significant jumps, increasing 3.4% in the past year compared to grocery prices, which rose 0.7%. Energy prices declined overall, driven by lower gas ...
If India wants to prop up its stalling economic growth, it will have to sacrifice some of the financial stability ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
Three economic experts share their outlook on what 2025 might hold. No surprise: The incoming Trump administration is a wild ...
New York (CNN) — US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of ...