The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
This is intended to help seniors and other Social Security recipients keep up with inflation and is based on Consumer Price ...
Consumers tell us their budgets are being stretched,” CEO Brian Cornell said during a recent earnings call. “They’re becoming ...
The Bank of Canada announced today that it will cut its policy interest rate by another 25 basis points to three per cent.
How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...
According to the Labor Department’s most recent report, CPI in December was 2.9% higher than one year prior and 0.4% higher than in November. Inflation has eased in various parts of the economy.
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at ...
Cryptocurrencies struggled Monday as tech and artificial intelligence (AI) stocks sold off and with the Federal Reserve's January meeting on the docket this week. Bitcoin, the world's largest ...
Canadians are awaiting the first interest rate update of the year, and all eyes are on the Bank of Canada (BoC).
Canada's food inflation hit a historic low in December 2024, driven by the GST Holiday, but temporary relief highlights deeper market pricing complexities.