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.
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased slightly, raising hopes that underlying inflation may be moderating.
The consumer-price index came in relatively hot, rising 2.9% over the year, the Labor Department. But the so-called core CPI, which excludes volatile food and energy prices, rose 0.2% from a month ...
Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
Treasury yields broadly fell on Wednesday after the U.S. consumer-price index report for December included a softer-than-expected monthly core reading of 0.2%, below the 0.3% reading that had been ...
The consumer price index (CPI) accelerated to 2.9 percent last month from a year ago, up from 2.7 percent in November, the ...
Figures from December show core inflation tamer than expected, but "there's still work to do" amid broader uncertainty.
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
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Better-than-expected Core CPI for December led to a sharp fall in US Treasury yields as stocks gained premarket, boosted by ...
Adding to the upbeat tone for the stock market were bumper fourth-quarter results from the likes of JPMorgan, which reported ...
The latest Consumer Price Index (CPI) reading indicates headline inflation rose slightly in December, exceeding expectations ...
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