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.
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 ...
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 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 ...
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The ...
We knew that today's Consumer Price Index (CPI) was a hotly anticipated economic report that at least had the potential to ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...