(CNN)– The federal reserve’s preferred inflation gauge heated up again in the final month of 2024. The Personal Consumption Expenditures Price Index rose 2.6% year-over-year in December. That’s up ...
Stocks swung lower Friday after the White House confirmed it will impose tariffs on Mexico, Canada and China beginning ...
Producers of metals and other raw materials fell as traders digested a mixed reading of the Federal Reserve's preferred inflation gauge -- the personal-consumption expenditure price index.
Solid results from Apple are buoying spirits, as investors brace for PCE inflation and weigh Trump's renewed tariff threat.
Treasury yields were up slightly Friday morning, following a U.S. inflation report that was in line with Wall Street’s expectations. The yield on the 10-year Treasury was rising about one basis point ...
Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.
Bowman said on Friday she expects declining inflation to allow further interest rate cuts this year, but feels many factors ...
The Dow was falling Friday after the White House said tariffs begin on Saturday. The S&P 500 and Nasdaq were rising. The market also reacted to PCE inflation data.
Major stock indices have completed their recovery following Monday's sharp drop, buoyed by tech stocks rallying on the back ...
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
STORY: U.S. inflation increased by the most in eight months in December, suggesting the Federal Reserve will likely be in no ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...