PPI accelerated to an increase of 3.31%, driven largely by services, which accelerated to 4.03%. Both increases were the ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
U.S. stocks surged on Wednesday, with all three major indexes registering their biggest daily percentage gains in more than ...
The Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped roughly 2% after new economic data showed easing inflation, a relief to ...
The US PPI surprised on the soft side, but that does not mean today’s CPI will send similar upbeat signals. We expect a 0.3% ...
A hotter-than-expected US CPI report could affirm expectations of just one Fed rate cut this year or prompt markets to price ...
Lending technology platform Upstart ( UPST 8.45%) was higher by 12%, innovative brokerage app provider Robinhood ( HOOD 9.33% ...
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...
Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December ...
The dollar index is trading slightly on the back foot on Wednesday as US PPI data came in softer-than-expected sparking fresh possibility for Fed to cut rates. Data published on Tuesday showed that ...
US Producer Price Index for final demand rose 0.2% month-over-month in December after a 0.4% advance in November, softer than ...
U.S. stocks surged on Wednesday, with all three major indexes on track for their biggest daily percentage gains in more than ...