Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...
The Consumer Price Index is the traditional measure of inflation, but lately the Federal Reserve has paid closer attention to the core personal consumption expenditures price index, and that index ...
With prices still high and President Donald Trump’s trade war forcing a market retreat, consumer sentiment, by one measure, is at a 29-month low. But on calls with Wall Street analysts during ...
Inflation surged to 9.1% in June 2022, the highest in 41 years, driven by demand-and-supply issues. Regional inflation varies, with housing prices significantly impacting the West and South.
U.S. Treasury yields were little changed on Thursday as investors digested key data on wholesale prices. The benchmark 10-year Treasury yield was fractionally higher at 4.32%. The 2-year Treasury ...
U.S. stocks slid Wednesday as the White House readied new tariffs. The S&P 500 fell 64.45 points, 1.1%, to close at 5,712.20, while the blue-chip Dow gave back 132.71 points, 0.3%, to hit 42,454.79.
Inflation has fallen dramatically since its high point in 2022, although it has crept up in recent months. Why has progress on inflation slowed? ‌ Prior to the new administration, the Fed was ...
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Money blog: Inflation falls unexpectedly - with unusual product having biggest impact Before the chancellor's spring statement this afternoon, the latest inflation figures have been released - and ...
U.S. stock futures were little changed on Thursday night as investors await the release of a key inflation measure. In extended trading, Lululemon shares tumbled 10% after the athleisure company ...