October's consumer price index was expected to show inflation heating up at a 2.6% rate.
In the New York area, consumer prices rose 4%, year over year, due to the higher cost of electricity, housing, recreation and food, the federal Bureau of Labor Statistics reported on Wednesday.
Economists predict inflation will stay at the same level as the last few months, just above the Federal Reserve's 2% target.
Anticipated Fed cuts are typically baked into mortgage rates well ahead of the actual cut, so we might not see mortgage rates ...
Household debt in the U.S. ticked up slightly in the third quarter of 2024, reaching nearly $18 trillion, according to data ...
Annual inflation may have risen in October for the first time in seven months, a sign that price increases might be leveling off after steadily cooling for more than two years.
The federal funds rate is headed even lower.Yesterday saw a huge shift for the investing landscape. Donald Trump was elected ...
FedEx stands out as a prime example of logo design excellence, with its clean and simple emblem receiving high praise from design experts and industry leaders alike. At first glance, the ...
The new features were revealed on Google's The Keyword blog and picked up by Android Authority, and they include a Performance Detection tool. This sees Chrome proactively identify potential ...
The New Republic's Michael Tomasky joins Morning Joe to discuss his latest column 'Why Does No One Understand the Real Reason ...
ActBlue (though it eventually reversed course) for a long stretch allowed donations to go through without CVV numbers, the ...
Here's where US indexes stood at the 4:00 p.m. closing bell on Thursday: Major indexes gained as the Fed cut rates by 25 ...