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.

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

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

Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...

SoundHound AI is seeing strong gains today, thanks to bullish inflation news. The stock is also getting a boost from an analyst price-target increase. Over the last year, the company's share price is ...

The Fed has considered the inflation rate a key factor in its monetary policy decisions. The Fed’s key short-term interest ...

The price gap between groceries and restaurants continued to narrow in December, according to the latest Consumer Price Index released Wednesday. CPI data for December indicated that prices for ...

BTC price strength accompanied the December print of the US Consumer Price Index ( CPI ), which met expectations. Like the ...

The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...

The latest consumer price index report shows inflation rose 2.9% year-over-year in December, marking three months of ...

The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...

Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...