The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

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.

The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...

US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...

The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...

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

The consumer price index is a weighted average collection of the prices of common goods and services. Changes in the CPI over time are used to estimate the rate of inflation. The consumer price ...

The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...

The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...

Gas prices rose sharply, but investors homed in on a small decline in the core CPI.