Sticky inflation and elevated borrowing rates will also contribute to distress. Measures of debt distress are already on the rise. More credit card balances are shifting into late payment status ...

It is used to measure inflation and indicates the cost of living for consumers. CPI is calculated by selecting a basket of goods and services that represent typical consumer purchases and tracking ...

Highway workers found an ancient Roman cemetery, including a grave filled with a curious substance, during a recent highway construction project in England. The announcement was made last week by ...

Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high and underscoring that an encouraging slowdown in price increases last ...

Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases. Last month ...

US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks. The Dow surged 703 points, or 1.65%, to close at 43,222.

The newest member of the Bank of England's interest rate-setting committee has made the case for up to four cuts this year following a surprise fall in inflation. Professor Alan Taylor used a ...

U.S. inflation showed signs of picking up in December, driven by the higher cost of gas, eggs and used cars, but underlying price pressures appeared to ease slightly, offering some relief for ...

The December Consumer Price Index report showed an acceleration in year-on-year total CPI inflation to 2.9%, the highest rate since July 2024. Meanwhile, core CPI remained sticky and elevated but ...

Wall Street closed higher on Wednesday, with all three major stock indexes posting their largest daily percentage gain since November 6, as investors cheered signs that inflation's still slowing ...

(AP Photo/Andrew Harnik, File) The Marriner S. Eccles Federal Reserve Board Building, Friday, June 19, 2015, in Washington. (AP Photo/Andrew Harnik, File) WASHINGTON (AP) — U.S. inflation accelerated ...