WASHINGTON—U.S. inflation picked up last month as gas prices rose sharply, though price gains for other goods were more muted ...

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.

US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.

A consumer inflation report could reset interest-rate bets, while big bank reports will kick off earnings season.

December's softer-than-expected monthly core reading from the consumer-price index likely gives the Federal Reserve "some breathing room" ahead of uncertain impacts from tariffs, said BMO Capital ...

Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.

Consumers’ inflation expectations soared in January, over concerns that tariffs would raise goods prices. Read more at ...

Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...

Shares of the third-largest U.S. lender were last up 5 per cent in premarket trading on Wednesday after Citigroup said its ...

Donald Trump’s second term may reshape Asia’s economy through trade policies, impacting countries reliant on US trade. While ...

Goldman Sachs posted its biggest profit since the third quarter of 2021 to beat Wall Street expectations, driven by bankers ...