The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December. That's up from 2.7% in November. Energy, food, new and used vehicles, car insurance and airline fares were ...
The PCE price index accelerated for the third month in a row, to 2.6% year-over-year in December, the worst increase since ...
Energy costs accelerated sharply, jumping 1.8% from a year earlier in January compared to a 0.1% rise in the previous month. The euro zone inflation accelerated to a hotter-than-expected 2.5% in ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
Shares of energy companies ticked up as traders sought out sectors that benefit from inflation. Oil futures fell to the lowest mark of the month, declining 1.6% to $72.62 a barrel, following an ...