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ASX Lunch Wrap: ASX rips higher on US CPI and record bank profits
The ASX rises on strong US CPI and bank profits, while Rio Tinto misses ore targets and Tabcorp surges with ... Read More The ...
CNBC Daily Open: Markets celebrate cool CPI, and bank earnings
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls, after a dismal ...
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
Inflation inches up in final 2024 reading
Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...
US consumer inflation rises in December but underlying pressures ease
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...
Why S&P 500's financials sector just booked its best day since early November
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 ...
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Energy and food prices drove inflation in December
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
U.S. stock futures jump after cooler-than-expected core CPI reading
U.S. stock futures were surging on Wednesday morning after the consumer-price index report showed inflation ticked up 0.4% in December, higher than the 0.3% forecast. But core inflation, which omits ...
US core CPI finally eases, rallying bets for Fed to cut sooner
U.S. consumer prices rose in December by less than forecast, a welcome stepdown that helped arrest a deep selloff in bond ...
CPI Inflation: Don't Expect The Fed To Budge
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market ...
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.