NEW YORK (AP) — U.S. stocks hit records on Friday after an update on inflation came in a bit less painful than feared. The S&P 500 rose 0.8% and topped its prior all-time high, which was set earlier ...
WASHINGTON (AP) — U.S. inflation remained elevated last month as gas prices jumped while the cost of rents cooled, painting a mixed picture of the expenses consumers are facing in a murky economy ...
Here’s how inflation could sway Fed interest rate cut bets for October. Wall Street awaits key CPI report. The inflation data may sway the likelihood of a Federal Reserve interest rate cut in October.
White House press secretary Karoline Leavitt said there will likely be no report on inflation next month. The absence of the report may impact the Federal Reserve's ability to make rate decisions. The ...
Annual inflation rose to 3 percent in September as a jump in gasoline and energy prices pushed price growth to its highest level since January. The consumer price index (CPI) rose 0.3 percent last ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
Inflation rose one-tenth of a percentage point to 3% for the year ending in September in the consumer price index, the Bureau of Labor Statistics reported Friday. Forecasters had expected that ...
“Inflation came in below market expectations in September thanks to President Trump’s economic agenda. This is good news for American families, and it’s a shame the Democrats are using them as ...
How did the universe come into being? There are a multitude of theories on this subject. In a Physical Review Letters paper, three scientists formulate a new model: according to this, inflation, the ...
The Federal Reserve is likely to cut interest rates next week for the second month in a row because it’s worried about the U.S. jobs market. But it can’t take its eye off rising inflation, either. In ...
UK CPI inflation came in at 3.8% for September, unchanged from the previous month, with analysts having forecast a reading of 4%. Follow our live coverage for the latest reaction and the implications ...
The Federal Reserve is doing a difficult balancing act, trying to tamp down inflation while lifting up the job market, Chair Jerome Powell said Tuesday. “There is no risk-free path for policy as we ...