Inflation inches up in final 2024 reading
Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...
Why S&P 500’s financials sector just booked its best day since early November
Financial stocks had some of the biggest gains among the S&P 500 ‘s 11 sectors Wednesday, as shares of Citigroup Inc. and Wells Fargo & Co. each closed with a jump exceeding 6%. Citi, Wells Fargo, ...
Consumer Cos Climb After Inflation Data - Consumer Roundup
The consumer-price index came in relatively hot, rising 2.9% over the year, the Labor Department. But the so-called core CPI, which excludes volatile food and energy prices, rose 0.2% from a month ...
Inflation speeds up, ends 2024 at 2.9 percent
Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The consumer price index (CPI) rose 0.4 percent in the final month of 2024 and ended ...