Inflation , as measured by the producer price index, rose four-tenths of a percentage point to 3% for the year ending in November, the Bureau of Labor Statistics reported Thursday.
November’s Consumer Price Index (CPI) report arrived yesterday – and it was just what stocks needed to continue rallying.
What? You’re a builder who’s short on nails? Well, bring in some folks from Japan… they don’t necessarily need them. Of the ...
The mainstream media was giddy, and markets responded positively to the November CPI because every metric came in "as ...
European stock futures were little changed early Thursday ahead of expected rate cuts by the ECB and the Swiss National Bank. Asian stock benchmarks gained; the dollar edged lower; Treasury yields and ...
Asia-Pacific markets were set to open higher Wednesday, following gains on Wall Street that saw the Nasdaq Composite surge to record highs after November's inflation report met expectations.
Wednesday's report showed inflation edged higher in November — but it isn't expected to deter the Federal Reserve from ...
US inflation is reported to have risen slightly last month, but remained low overall according to data from the Labor Department.
Tech stocks soared on Wednesday, boosted by the prospect of a rate cut at next week's Fed meeting. Tesla stock jumped 6% to ...
Wednesday's November CPI showed little progress being made toward the Federal Reserve's 2% target and raises doubts about the ability of officials to cut rates as much as they expected, one chief ...
Dow Jones Industrial Average futures fell 23 points, or 0.05%, to 44,312 S&P 500 futures increased 4 points, or 0.07%, to 6,050 Nasdaq 100 futures increased 28 points, or 0.13%, to 21,434 On Tuesday, ...
Consumer inflation accelerated in November to 2.7% from 2.6% and core CPI was sticky at 3.3%. But a December Fed rate cut ...