A strong “relief rally” took the market by storm today, flipping a switch as of tepid Consumer Price Index (CPI) numbers and healthy earnings from some of the biggest Wall Street banks. Investors are ...

The increase in the consumer price index for the 25-county region that includes Long Island was fueled in part by the cost of natural gas, electricity and housing.

Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...

The consumer-price index came in relatively hot, rising 2.9% over the year, the Labor Department. But the so-called core CPI, which excludes volatile food and energy prices, rose 0.2% from a month ...

U.S. stocks surged on Wednesday, with all three major indexes registering their biggest daily percentage gains in more than ...

Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The ...

The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

The Dow Jones Industrial Average and S&P 500 finished with a third straight day of gains on Wednesday, after December's consumer-price index sparked a relief rally and the biggest plunge in Treasury ...

Inflation crept up again in December, driven mostly by a jump in energy prices, according to the latest Consumer Price Index ...