Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a back seat to cooler inflation data and stronger earnings. The S & P 500 and Nasdaq rose 2% and 2.3%, respectively, for the week. In fact, the S & P 500 on Friday peaked above…
Inflation may be increasing at a slower pace than expected, the markets might be cheering, and the Fed will likely soon be cutting, but Diane Swonk isn’t popping Champagne. The veteran economist says the economy “looks better than it feels” because the very data used to measure it is eroding, and the illusion of resilience could…
What’s behind the latest inflation numbers? – CBS News Watch CBS News The Labor Department reports inflation is now at 3% — the highest annual rate since January. Jo Ling Kent explains. Source link
Inflation edged higher in September amid a jump in gasoline prices and other essentials like electricity, while President Donald Trump’s tariffs put pressure on prices for physical goods like clothing and furniture, economists said. The consumer price index, a key inflation barometer, rose 3% in September from a year earlier, the Bureau of Labor Statistics reported Friday….
The biggest increases came from the surging price of petrol, according to the report. Published On 24 Oct 202524 Oct 2025 Click here to share on social media share2 Share United States consumer prices have increased less than expected in September as inflationary pressures continue to weigh on the domestic economy. The consumer price index…
A shopper at a grocery store in Dayton, Ohio, US, on Tuesday, Oct. 21, 2025. Kyle Grillot | Bloomberg | Getty Images The Bureau of Labor Statistics on Friday released its much-anticipated consumer price index report, delayed a week and a half because of the government shutdown. Here are the five most important takeaways: While…
The Consumer Price Index climbed at an annual rate of 3% in September, coming in below economists’ forecasts as the impact of President Trump’s tariffs remain muted. By the numbers Economists polled by financial data firm FactSet had forecast CPI rose at a 3.1% annual clip last month. The CPI measures price changes in a…
The Social Security Administration on Friday announced a 2.8% cost-of-living adjustment for 2026, an increase that will automatically boost monthly payments for the program’s roughly 75 million beneficiaries starting early next year. The increase represents an uptick from the last year’s cost-of-living adjustment, or COLA, which set the 2025 increase at 2.5%. Inflation has edged higher…
A delayed inflation report on Friday is expected to deliver sobering data about the direction of U.S. prices, with economists forecasting that the Consumer Price Index in September rose at its fastest pace in 16 months. CPI last month is projected to have risen 3.1% on an annual basis, which would be the highest since…
Turkeys aren’t known for flying but their prices are soaring ahead of the Thanksgiving holiday. A September outlook report from the United States Agriculture Department estimates that wholesale prices for frozen turkeys will be $1.32 per pound this year, a 40% increase from 2024’s average of $0.94 per pound. The wholesale price is what retailers pay…