Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
Mohamed El-Erian shared Bloomberg's John Authers' analysis, warning that persistent inflation could hinder President-elect ...
The CPI report for December registered a 2.9% year-over-year rise and a 0.3% rise compared to November, but core inflation is ...
Bitcoin was rising marginally but remained below $100,000 following a retracement from last month's record high. "Discretion ...
The incoming administration is grappling with uncomfortable political consequences of the tariffs Trump wants to impose.