(CNN)– The federal reserve’s preferred inflation gauge heated up again in the final month of 2024. The Personal Consumption Expenditures Price Index rose 2.6% year-over-year in December. That’s up ...
Before the pandemic hit in 2020, the typical mortgage payment was under $900. Fast forward five years and that monthly payment has surged 106%. Here's a look at why.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
The White House press secretary said the president would move forward with levies on America’s largest trading partners on Saturday.
Treasury yields were up slightly Friday morning, following a U.S. inflation report that was in line with Wall Street’s expectations. The yield on the 10-year Treasury was rising about one basis point ...
Stocks swung lower Friday after the White House confirmed it will impose tariffs on Mexico, Canada and China beginning ...
The Institute for Supply Management releases its latest report on the U.S. service sector on Wednesday. Economists forecast the monthly index edged lower in January, following a jump in December. The ...
Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.
The Fed made the right call in hitting pause this week. "I'm not sure that pausing is really all the bad for stocks in the ...
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Bowman said on Friday she expects declining inflation to allow further interest rate cuts this year, but feels many factors ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying price pressures showed signs of easing.