The producer price index, which measures the costs of goods traded between companies, rose 2.3% from the previous year to 122 ...
There are two main reasons for this move: bank earnings and inflation data. So, let's take these one at a time. Bank earnings ...
The Dow surged 600 points after the latest core inflation report indicated a slowdown, bolstered further by strong banking ...
Prices of goods traded among businesses in Japan rose by 3.8 percent in December from a year earlier. The Bank of Japan ...
Bitcoin has changed direction after weeks of retreat during which crypto investors dumped risky assets. The cryptocurrency ...
Related: Fed members reset interest rate cut forecasts for 2025 The Fed helps manage the economy by influencing borrowing ...
The December 2024 RICS Residential Market Survey results point to the slightly brighter picture seen over recent months ...
Wall Street caught a break on Tuesday with a benign report on wholesale inflation in December. But a bigger test comes this morning via the consumer price index for the final month of 2024. Wall ...
For this reason, it includes imported products and services, and sales tax is included in its component prices The producer price index (PPI), on the other hand, measures the cost of goods and ...
Major U.S. indexes surged at midday Wednesday after several big banks reported strong quarterly results and a key measure of inflation came in softer than anticipated.
A global equities gauge rallied on Wednesday while U.S. Treasury yields fell after data showed core U.S. inflation rose less ...