US consumer inflation rose for a third straight month in December, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
Despite aggressive interest rate hikes by the Fed aimed at curbing inflation, the CPI's decline in yearly growth has been ...
The National Investigation Agency on Wednesday filed a chargesheet against a senior Naxal leader for his involvement in ...
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
A team of economists and strategists at BofA Securities is holding on to its view that the Federal Reserve's interest-rate-cutting cycle is done, considering that the labor market is stabilizing ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
XRP (CRYPTO: XRP) is posting big gains in Wednesday's trading. The cryptocurrency was up 12.6% over the previous 24 hours of ...
The company's share price was up 11% as of 11 a.m. ET and had been up as much as 14.9% earlier in the daily session.
Today is like a little taste of what the year could be like if everything goes just right. Inflation is cooler, bond yields ...