White House National Economic Council Director Kevin Hassett praised Thursday’s consumer price index (CPI) report, which showed inflation rose less than expected. "It was just an absolute blockbuster ...
The Dow is up 275 points. The NASDAQ is up 250 points. The S&P 500 is up 54. All thanks to cooling inflation per CPI, strong earnings, and a broad recovery in AI stocks, such as Advanced Micro Devices ...
This is read by an automated voice. Please report any issues or inconsistencies here. Inflation slowed to 2.7% in November from 3% in September, but government shutdown delayed the data release and it ...
Inflation eased its grip on the American consumer in November, with prices rising 2.7% from a year earlier, the Labor Department said in a Dec. 18 report. The annual inflation rate had crept as high ...
Prices climbed 2.7% in November compared to a year earlier. Inflation dropped in November, ending a monthslong acceleration of price increases and offering relief for households strained by cost hikes ...
Inflation unexpectedly – and sharply – slowed in November, a seemingly welcome change for Americans weighed down by the persistently high cost of living. However, economists were quick to caution ...
"Affordability" is the Democrats' battle cry to win elections these days. But Republicans are ready to flip the script to woo homeowners, who make up the majority (65%) of American households. Across ...
JPMorgan Chase CEO Jamie Dimon said inflation may persist through the coming year, but that the stock market could remain at near-historic highs as well. Dimon gave his assessment of the “broader ...
LONDON, Dec 8 (Reuters) - British inflation is likely to return to its 2% target "in the near term" as wage growth and inflation in the services sector look set to slow further, Bank of England ...
Will President Donald Trump's massive tax law passed in July turn out to be more sweeping than policymakers expected? The legislation, which Republican leaders dubbed the "One Big Beautiful Bill," ...
FRANKFURT, Dec 2 (Reuters) - Euro zone inflation unexpectedly ticked up last month, likely solidifying bets that no further European Central Bank rate cuts are coming anytime soon, data from Eurostat ...
Fifty-five years ago, a dead sperm whale washed ashore near Florence — and what happened next became one of the most infamous moments in state history. Engineers from the Oregon Highway Division, ...