Year-over-year inflation ticked up to 2.9% in August from 2.7% as expected. The Federal Reserve can use the new print to help make its interest-rate decision next week. New York Fed data showed ...
Inflation is creeping higher, with some Americans saying they're squeezed: "It's really challenging"
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...
The Fed's preferred inflation measure moved no closer to its 2% target in July, emphasizing the policy challenge the Fed faces as it prepares for a possible interest-rate cut in September. The ...
The S&P 500 could sell off if Thursday's CPI reading shows inflation is heating up again, JPMorgan said. The bank sees the benchmark index tumbling as low as 6,000 in its short-term downside scenario.
On Friday, Roblox announced it would be launching a new social video platform within Roblox, plus new AI tools for Roblox creators. The popular online game platform shared these announcements at its ...
Home prices are rising, which is boosting American homeowners' net worth – though those gains may be eroded by stubbornly high inflation. Data from Realtor.com showed that median home listing prices ...
Inflation rose in August and remained well above the Federal Reserve's target rate as central bank policymakers weigh potential interest rate cuts at their meeting next week. The Bureau of Labor ...
Annual inflation picked up pace a little in the eurozone last month, cementing expectations that the European Central Bank will leave interest rates unchanged for a second-straight meeting next week.
Roblox, the popular gaming platform that has garnered controversy and lawsuits in recent weeks over allegations it poses a threat to child safety, said Wednesday it is working on new initiatives to ...
Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.
Overall inflation in the United States has eased. Headline CPI increased at a 1.9 percent annualized rate from January through July. Under the hood, there has been a shift in relative prices. Core ...
U.S. inflation accelerated modestly in August, offering some leeway for the Federal Reserve to cut interest rates at its September meeting. Consumer prices rose an annual 2.9% in August, the Labor ...
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