Shelter costs were 4.6% higher in December than a year earlier, and they account for more than a third of the consumer price ...

A benign reading from the Consumer Price Index report assuaged market fears about the path of borrowing costs.

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

US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...

In Phoenix, food away from home saw one of the more significant jumps, increasing 3.4% in the past year compared to grocery prices, which rose 0.7%. Energy prices declined overall, driven by lower gas ...

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 ...

Three economic experts share their outlook on what 2025 might hold. No surprise: The incoming Trump administration is a wild ...

New York (CNN) — US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of ...

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 ...

Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.

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