In the wake of Wednesday’s encouraging consumer price index, Wall Street still expects the Federal Reserve to pause cutting interest rates at its January meeting. But odds of multiple cuts in 2025 ...
U.S. inflation picked up last month as gas prices rose sharply, though price gains for other goods were more muted.
The milder-than-expected increase in consumer prices in December came as a big relief to Wall Street, but it leaves hardly any wiggle room for the Federal Reserve to cut interest rates early in the ...
The Labor Department released the inflation report for December which showed prices were up 2.9% from a year ago, in line ...
The megabank saw $5.1 billion in profits in its fourth quarter, as higher fees from investment banking and wealth management ...
Donald Trump, the self-styled bitcoin and crypto president, will reportedly issue several crypto-related executive orders on ...
Most stock markets in the Gulf ended higher on Wednesday ahead of highly anticipated U.S. consumer price index data, which ...
Stock futures moved higher Wednesday morning as several big banks released strong quarterly earnings reports, while market participants awaited a key inflation report.
Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The ...
U.S. consumer prices increased slightly more than expected in December amid higher costs for energy goods, pointing to still ...
Annual inflation ticked up for a third straight month in December as food and energy costs rose, the CPI report showed.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.