The numbers: Wholesale prices rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely delayed further cuts in U.S. interest rates.

This means you will need 7.5 years of income drawn entirely from your portfolio, after which you can assume that $22,800 per year (inflation-adjusted) will come from Social Security.

December grocery prices were nearly 28 percent higher than five years ago, reflecting how much harder families are finding it to manage their everyday expenses, The Wall Street Journal reports.

“We’re going to have meetings and calls with President Xi,” Trump said. Trump is placing a big bet that his executive actions can cut energy prices and tame inflation and that the tariffs will ...

The Federal Reserve has now battled high inflation for nearly four years. Economists point to the Federal Reserve's rate cuts, rising oil prices, consumer psychology, and potential tariffs as ...

Woodbine Entertainment today announced the schedule for its lucrative 2025 stakes season at Woodbine Mohawk Park, featuring three $1 million races and the return of the Breeders Crown. The ...

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 ...

Today’s much-worried-about CPI inflation reading was, contrary to the market’s fears, not too hot. Headline inflation rose from 2.8 per cent to 2.9 per cent in December, just as economists ...

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.

US stocks rallied sharply on Wednesday as traders took in encouraging inflation data and strong earnings from Wall Street banks. The sell-off in bonds also got some relief as the 10-year Treasury ...