US consumer inflation rose for a third straight month in December, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.

US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.

Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...

More than 70% of EVs are now leased in America before being sold, many of which are taking advantage of a $7,500 tax credit ...

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

Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...

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

The Bureau of Labor Statistics (BLS) published CPI data for December today, and the numbers are powering big gains for cryptocurrencies and stocks. The report showed core inflation of 3.2% last month, ...

Inflation picked up in late 2024, fueled by an increase in gas prices, the latest sign of stalled improvement on lowering ...

WASHINGTON—U.S. inflation picked up last month as gas prices rose sharply, though price gains for other items were more muted ...

The company's share price was up 11% as of 11 a.m. ET and had been up as much as 14.9% earlier in the daily session.

Donald Trump is getting some good news ahead of his inauguration as the 47th president of the U.S. on Monday. Bond yields are ...