Two recent readings on inflation showed price increases decelerated in February — but within the details, economists see warning signs. Thursday’s report from the Bureau of Labor Statistics showed that its “core” Producer Price Index (PPI) — which tracks the price changes companies see and excludes food and energy — rose 3.4% from the year…
The cloud behind the inflation silver lining Even upbeat economic news can offer little comfort to markets and the C-suite. Stocks look set to open lower as relief over Wednesday’s better-than-expected inflation report fades, and concerns grow that a trade war could sap consumer spending and corporate profits. That’s led more corporate chiefs to speak…
We spoke with Agriculture Secretary Brooke Rawlings, who says it may take until the summer to see the effects of the Trump administration’s new plan to bring down egg prices. Rawlins says the USDA has *** 5 point plan bringing more hens into repopulating flocks, removing red tape to help the industry grow, considering temporary…
US stock futures fell solidly Sunday evening as investors took the weekend to process the February jobs report and prepared for a busy week of economic data, headlined by a report on inflation amid concerns over its resurgence under President Trump’s unpredictable trade policy. Dow Jones Industrial Average futures (YM=F) saw a 0.5% slip. Futures…
Stocks Rise After Another Hot Inflation Reading The Dow rose 123 points, or 0.3% while the S&P 500 and the Nasdaq Composite were up 0.2% and 0.4%, respectively. The “cool increases in healthcare services point to a better core PCE read for the month,” wrote Bill Adams, chief economist for Comerica Bank. The 10-year yield…
US stocks (^DJI, ^IXIC, ^GSPC) jumped in Thursday’s session, closing higher after President Trump announced intentions to delay reciprocal tariffs until April. Yahoo Finance senior markets reporter Josh Schafer joins Asking for a Trend to lay out the trading day’s biggest market themes, highlighting the hot inflation data from January’s Consumer Price Index (CPI) and…
Inflation accelerated in January, CPI report finds – CBS News Watch CBS News Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve’s push to drive inflation down to a 2% annual rate has stalled out, at least temporarily. Martin Baccardax joins to discuss. Be the first to know Get…
January’s Consumer Price Index rose over 3% for the first time since June 2024 and surpassing economists’ expectations.”This is a setback for consumers. It’s a setback for central bankers. It’s a setback for the economy,” says Mark Hamrick of Bankrate.com.Inflation also worsened month over month, with prices jumping 0.5% in January from December, the largest…
Stocks ended the first week of February little changed as investors digested corporate earnings from Big Tech companies, a hotter-than-expected January jobs report, and continuing updates on President Trump’s tariff policies. For the week, the S&P 500 (^GSPC) was roughly flat, while the Nasdaq Composite (^IXIC) and Dow Jones Industrial Average fell about 0.4%. In…
(Bloomberg) — China’s consumer inflation accelerated for the first time since August, caused by a burst of household spending around the Lunar New Year holiday even as deflationary pressures persist. Most Read from Bloomberg The consumer price index rose 0.5% in January from a year earlier, the National Bureau of Statistics said Sunday, compared with…