The Bureau of Labor Statistics showed that its producer price index (PPI) rose 3.3% from the year prior, up from 3% in November but below the 3.5% increase economists had projected.
The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in November. Core PCE year over year rose 2.8% in December, in line with forecasts and following an increase of the same amount in November.
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends indicated some progress in the fight to rein in price hikes.
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in line with economists' expectations.
If you compare the goldprice today (June 2020) with the prices at the beginning of this millennium (January 2000), the price of gold has increased approximately 496%. This is 3x the increase of the Dow Index during this period. Is the price of gold too ...
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Apple’s iPhone sales fell in the all-important December quarter, a sign that its artificial-intelligence software has yet to kick off a new cycle of growth for its most valuable product. On Thursday,
Coursera Inc. $8.46-1.12-11.69%
IPC Indice de Precios Y Cotizaciones 52,050.25 494.47 0.96%
However, the global pool of oil and the ease with which oil moves around the world levels some of these price pressures, and no one oil producer to completely dominate the world market. From time to time new oil resources come online — like Canadian oil ...
Packaging Corp. of America stock was the worst performer in the on Wednesday after the container products company said it expects various headwinds in the first quarter of 2025. Shares of Packaging closed down 9.
Coffee prices hit a new high Monday, the day after President Donald Trump threatened – and then reversed course on – a 25% tariff on Colombia, during a spat about deportation flights from the US.