As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that could sway market dynamics are expected on Friday, January 31, 2025. The spotlight will be on the Core PCE Price Index,
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
LONDON (Reuters) - Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.
The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...
By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month. That's about $49 higher than the average in December 2024.
New White House Press Secretary Karoline Leavitt urged members of Congress to confirm Trump's nominees to address problems like the U.S. egg shortage and the cost of living crisis.
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation compared to December, according to nowcasts. The CPI release is scheduled for February 12.
Egg prices are already high, but officials say they are only going to go up more in 2025. Here's how much you could pay and why they are so expensive.
Inflation in Australia remained in retreat in the final quarter of 2024, stoking the case for the central bank to join the global easing cycle by cutting rates at its coming meeting in February.
Washington State University’s Parking and Transportation Task Force is seeking public feedback on a proposed three-year increase in annual, daily and hourly parking rates.
Yes, there is an egg shortage due to bird flu. Officials at the U.S. Department of Agriculture (USDA) have confirmed there is an egg shortage and linked it to highly pathogenic avian influenza (HPAI), which has spread between chicken flocks across the country since first appearing in the U.S. in February 2022.
JUNEAU — A three-member panel recommended Wednesday that Alaska’s governor, cabinet members and lawmakers receive automatic pay adjustments every odd-number year moving forward.