Shares of many artificial intelligence (AI) stocks moved higher on the news. Semiconductor company Micron Technology ( MU 5.96%) traded 5.7% higher as of 12:12 p.m. ET. Meanwhile, AI software ...
The stock market's stiffest headwind, a surge in Treasury bond yields, was blown aside Wednesday by a surprisingly benign ...
Donald Trump’s policies are not likely to cause inflation to reignite as many analysts fear, one of the president-elect’s ...
Rising energy prices accounted for more than 40% of the total increase in the CPI, according to the BLS, and gasoline prices ...
Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and highly anticipated inflation numbers that came in softer than expected.
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
A team of economists and strategists at BofA Securities is holding on to its view that the Federal Reserve's interest-rate-cutting cycle is done, considering that the labor market is stabilizing ...
Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...