Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

The Dow surged 700 points after the latest core inflation report indicated a slowdown, bolstered further by strong banking ...

While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.

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

The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.

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

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

Shares of the third-largest U.S. lender were last up 5 per cent in premarket trading on Wednesday after Citigroup said its ...

Investors also cheered a strong set of quarterly results from the biggest US banks. At the opening bell, the Dow Jones ...

Donald Trump’s second term may reshape Asia’s economy through trade policies, impacting countries reliant on US trade. While ...

The megabank reported achievements in several areas, but lowered its 2026 expectations for a profitability metric that ...

While Wednesday's CPI data may not soothe concerns about inflation risks under the Trump administration, it "should quiet the tut-tutting of armchair central bankers who had criticized the Fed's ...