Chicago Fed's Goolsbee continues to see inflation progressing toward goal
"I still see continued progress" in inflation, Chicago Fed President Austan Goolsbee said on Wednesday at a Wisconsin Bankers ...
US Consumer Inflation Rises To 2.9% In December: Govt
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.
Why stocks are bonds are on a tear today
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
Sen. Bernie Moreno probes $22B in tax credits for luxury electric vehicles: ‘Obscene public policy’
More than 70% of EVs are now leased in America before being sold, many of which are taking advantage of a $7,500 tax credit ...
ABC 10 News35m
Consumer inflation rose 2.9% in 2024 as US lost some progress near end of year
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
Stock Market Today: Dow, S&P 500 and Nasdaq surge after softer-than-forecast core CPI, bond yields fall; JPMorgan, Goldman launch earnings season
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
Inflation Rises Again, Hitting 2.9% in December
WASHINGTON—U.S. inflation picked up last month as gas prices rose sharply, though price gains for other items were more muted ...
Why SoundHound AI Stock Is Skyrocketing Today
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.