That acceleration was in line with expectations, which called for a 2.6% annual increase, according to FactSet estimates. On a monthly basis, prices rose 0.3% as compared to 0.1% in November.
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
LyondellBasell swung to a loss in its fourth quarter in the face of seasonally slower demand for some of its core products. The chemicals company logged a loss of $603 million, or $1.87 a share, ...
Apple shares rose over 3% in premarket trading, after the company reported better-than-expected earnings but said iPhone sales fell slightly in the December quarter. iPhone sales were down nearly 1% ...
The euro falls to a 10-day low against the U.S. dollar on concerns about tariff risks after U.S. President Trump reiterated threats of hefty levies on Canadian and Mexican goods.
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under a Trump administration.
S&P 500 futures are near flat Thursday night as investors analyzed earnings reports from Apple and other well-known companies ...
Inflation data coming Friday should show a quicker rise in consumer prices at the end of 2024, supporting the Federal Reserve ...
Southwest (LUV) said that it still faces pressure from inflation but that its cost per available seat mile excluding fuel and special items (CASM-X) will cool from a rate of 11.1% in the fourth ...
The Dow and other major indices edged higher following earnings reports from tech giants Tesla (TSLA), Meta (META), and ...
Stock futures edged higher Thursday night as investors analyzed earnings reports from Apple and other well-known companies ...