Business & Economy
The policymaker expressed concern about the latest inflation data, telling CNBC that the central bank likely will need to take action.
The cost of doing business in the US is getting increasingly pricier: Wholesale-level inflation accelerated last month to its highest rate in nearly four years, Bureau of Labor Statistics data showed Friday.
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Business & Economy
The most recent inflation reading for October had beaten expectations, coming in at 0.4% for the month.
Business & Economy
Property prices are falling faster than ever but bond markets and bold contrarian buyers are already eyeing the turn.
The CEOs of two of the nation’s largest banks say less government spending will reduce inflationary pressure.
Subsidies for household batteries and EVs could be pared back further, although no final decisions have been made and either may still be untouched.
Business & Economy
Treasury yields rose as bond markets reopened following Veterans Day.
Subsidies for household batteries and EVs could be pared back further, although no final decisions have been made and either may still be untouched.
The CEOs of two of the nation’s largest banks say less government spending will reduce inflationary pressure.
Property & Real Estate
After falling for a month, mortgage rates jumped sharply higher on a hotter-than-expected inflation report.
Business & Economy
The consumer price index rose more than expected in October, raising alarm among Federal Reserve officials.
Business & Economy
The consumer price index rose 0.4% in October, a reduction from September but a level economists said is still uncomfortably high.
US stocks are falling after a report showed inflation was worse across the country last month than economists expected.
Barcelona. Clashes have occurred between masked groups and police in Barcelona after Spain called its first general strike in 14 years against the housing crisis and rising inflation. Tension aros...
Gasoline prices fell below $4 a gallon Tuesday for the first time in three months — but the overall cost of living remains stubbornly high.
Wall Street hit the brakes as higher-than-expected inflation looks to have cemented a December rate hike, while the ASX is priced to slide as well. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
Business & Economy
Treasurys moved higher as traders awaited October's CPI data.