Stock market today: Dow leads stocks lower as hot inflation data pushes back rate cut hopes
US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading and ...
Trump wants lower interest rates to go ‘hand-in-hand’ with tariffs, but yields are soaring after inflation data came in hot
President Donald Trump has pledged to lower borrowing costs for Americans, but hotter-than-expected inflation data on ...
Should you lock a home equity loan rate with inflation increasing again?
Inflation just rose for the fourth consecutive month. Here's why homeowners should lock in a home equity loan rate now.
US inflation got worse with rising groceries and gasoline prices
U.S. inflation accelerated last month as the cost of groceries and gasoline rose, a trend that will likely underscore the Federal Reserve’s resolve to delay any further interest rate cuts ...
Egg prices hit record $4.95 per dozen in January
An average price for a dozen eggs in U.S. cities hit a record of $4.95 last month, according to new data published Wednesday ...
U.S. inflation spikes unexpectedly in first 2025 reading
Increase in housing-related costs primary driver behind jump to 3% January rate as skyrocketing egg prices push up grocery ...
January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the previous month.
January Inflation Report ‘Throws Cold Water’ on March Fed Cut
The Bureau of Labor Statistics reported Wednesday that the CPI rose 3.0% on an annual basis in January compared to the same month last year, an uptick from 2.9% in December. On a monthly basis, the ...
Fed Needs to See Resumed Inflation Progress Before Cutting: Powell
Powell said officials need to see more progress on slowing inflation before considering further rate cuts but declined to ...
Retail Dive2h
Retail job cuts rise 20% in January
That’s on top of meaningful cuts in December and comes as online shopping and automation have reshaped job skills, Challenger, Gray & Christmas found.