The Bureau of Labor Statistics reported that the Consumer Price Index rose 3.3% in May from year-ago levels—a tick downward from April’s 3.4% rate. Core CPI, which excludes volatile food and energy ...
The consumer-price index, a measure of goods and service costs across the economy, rose 3.3% annually last month, the Labor Department said Wednesday. Core prices that exclude volatile food and energy ...
Gold futures are trading in a narrow band, as markets adopt a wait-and-see approach ahead of Wednesday's rare joint offering of both U.S. inflation data and a Federal Reserve policy decision.
Chinese EV makers BYD, Geely, and SAIC will be subject to new tariffs of 17.4%, 20%, and 38.1%, respectively, the EU's executive branch said. Other carmakers that cooperated with the investigation ...
Rubrik reported better-than-expected results in its first quarter as a public company and issued guidance for annual recurring revenue in fiscal 2025 that topped estimates. The stock rose 2%. CPI for ...
The euro could face turbulence against the dollar later in the day, though, when U.S. inflation data are released and the Fed makes its policy announcement. The dollar could fall if inflation data ...
In Europe, the Stoxx Europe 600 gained 0.4% in morning trading. Rentokil Initial added 15.3% and Credit Agricole climbed 3.1%. On the other hand, Umicore dropped 7.5%, and Legal & General Group fell 3 ...
China's consumer prices rose mildly last month while its factory-gate prices continued to fall, suggesting persistently tepid demand as Beijing continues to try to lift lackluster consumption. The ...
The consumer-price index rose for a fourth consecutive month in May, edging up 0.3% from a year earlier, the National Bureau of Statistics said Wednesday. That matched the 0.3% rise expected by ...
Shares of banks and other financial institutions fell as the Federal Reserve commenced its two-day rate-setting meeting. The Consumer Financial Protection Bureau has proposed a new rule that would ...
Shares of energy companies ticked down as traders hedged their bets on the outlook for oil demand. The Organization of the Petroleum Exporting Countries maintained a bullish projection for oil-demand ...
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