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 ...
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Stock market today: Dow leads stocks lower 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 investors pared back bets on Federal Reserve interest rate cuts in 2025. The ...
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.
US inflation got worse with rising groceries and gasoline prices
WASHINGTON (AP) — U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment ...
Analysis-Hotter January inflation jolts markets, dimming rate cut hopes
Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner the Federal Reserve, undercutting interest rate-cut hopes and even raising ...
Stock Market Today: Dow ends about 225 points lower, S&P 500 and Nasdaq fall after hot CPI report; Robinhood and Reddit earnings on deck
The strong CPI print for January is raising concerns about a reacceleration in inflation, along with questions about whether ...
S&P 500 ends down as hot US inflation data hints at fewer rate cuts
Nvidia and Amazon dipped, with the two AI computing heavyweights weighing on the S&P 500. Read more at straitstimes.com.
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Inflation rising on high prices of food like meat and eggs
The index that tracks food was up 4 percent, led in part by a 6.6 percent increase in the category that includes meats, ...
Nasdaq turns higher in mixed trade as Wall Street weighs hot January inflation data
Major equity averages turned mixed Wednesday, while yields jumped, as Wall Street assessed a hotter-than-anticipated monthly U.S. consumer inflation report. The Nasdaq Composite (COMP:IND) was up less ...
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Americans, including Republicans, now fear higher inflation this year
The University of Michigan’s latest consumer survey, released Friday, showed that Americans’ inflation expectations for the year ahead surged this month to 4.3% ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...
10-, 30-year yields have biggest one-day jumps of 2025 after hot inflation data
U.S. government debt aggressively sold off on Wednesday, pushing 10-and 30-year yields up for a fifth straight session, after the consumer-price index for January came in higher than expected and ...