The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.

Volatility was back on Wall Street, with the VIX (Cboe Volatility Index), or "fear gauge," surging above 20 for the first time in nearly two months. Yet stocks clawed back losses by Friday, June 12, ...

Money that fled semiconductors during the prior week’s chip wreck found a fresh, even bigger AI vehicle to chase. Headline CPI reaccelerated to 4.2% year over year, the hottest reading since April ...

Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm ...

The Consumer Price Index recorded a 4.2% year-over-year increase, the hottest inflation since April 2023, with energy up 23.5% on the year. Producer inflation also shocked at 6.5%, the largest annual ...