CNBC Daily Open: Markets celebrate cool CPI, and bank earnings
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls, after a dismal ...
Bitcoin Surpasses $100,000 As Political Optimism Drives Gains
Bitcoin prices rallied above $100,000 today, eliminating recent losses as anticipation surrounding crucial policy decisions ...
Consumer prices rise in December at the same rate they did in November: report
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.
Inflation heated up in December, as prices continue to weigh on Americans
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...
Why S&P 500's financials sector just booked its best day since early November
The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Energy and food prices drove inflation in December
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
U.S. stocks finish sharply higher, helped by CPI data and plunging yields
The Dow Jones Industrial Average and S&P 500 finished with a third straight day of gains on Wednesday, after December's consumer-price index sparked a relief rally and the biggest plunge in Treasury ...
Why stocks and bonds are on a tear today
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong ...
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US consumer inflation rises in December but underlying pressures ease
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...
2-year yield plunges by most since September on mild core CPI inflation reading
Treasury yields broadly fell on Wednesday after the U.S. consumer-price index report for December included a softer-than-expected monthly core reading of 0.2%, below the 0.3% reading that had been ...