The fight against inflation continued to face headwinds in January, with consumer prices rising more than expected.
U.S. inflation rose to 3 percent in January, strengthening the case for the Federal Reserve to extend a pause on interest rate cuts.
Consumer Price Index showed that while average price gains are moderating, some everyday prices are seeing big price gains.
Stock index futures fell sharply on Wednesday, while yields rose as retail inflation came in hotter than expected. S&P 500 futures (SPX) -0.9%, Nasdaq 100 futures (US100:IND) -1%, and Dow futures ...
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore the Federal Reserve's resolve to delay any further interest rate cuts.
TEAMtalk understands that Manchester United are keen on signing Geovany Quenda, with the Sporting Lisbon star himself ready ...