Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
Investors are weighing what a reported gradual rollout of Trump tariff hikes could mean for inflation and the Fed.
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...