The S&P 500 SPX rose this week on a CPI report that was in line with estimates, which analysts believe paves the way for a U.S. Federal Reserve rate cut next week. Regardless, there is support for SPX ...
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.
Futures steadied after Wall Street indexes- particularly the Nasdaq- hit a record high during the session, with technology stocks rallying sharply on the prospect of lower rates in the near term.
November wholesale inflation jumped unexpectedly, driven up by higher food prices, especially a more-than 54% jump in the price of eggs. But that shouldn't alter the Fed's plan to cut rates.
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 ...
Traders shift their focus to Europe ahead of the European Central Bank’s last meeting of the year, with economists broadly expecting another rate cut.
Wholesale costs in the U.S. picked up sharply last month, a sign that price pressures are still evident in the economy even ...
The mainstream media was giddy, and markets responded positively to the November CPI because every metric came in "as ...
The Producer Price Index, or PPI, rose 0.4% M/M in November, topping the +0.3% consensus estimate ... Prices of eggs surged ...