The increase in the consumer price index for the 25-county region that includes Long Island was fueled in part by the cost of natural gas, electricity and housing.
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...
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 ...
Investors were cheering the latest consumer-price index report, which that showed core inflation unexpectedly slowed in December, putting U.S. stocks on pace for their best CPI day in at least 14 ...
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 ...
A benign reading from the Consumer Price Index report assuaged market fears about the path of borrowing costs.
Inflation crept up again in December, driven mostly by a jump in energy prices, according to the latest Consumer Price Index ...
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We knew that today's Consumer Price Index (CPI) was a hotly anticipated economic report that at least had the potential to ...
The Dow, S&P 500, and Nasdaq are rallying Wednesday as the stock market digests the latest CPI inflation report and earnings from several big U.S. banks.