Burger King’s parent company sees growth driven by international markets
Restaurant Brands International also reported a same-restaurant sales beat for Burger King, marking the chain’s first such ...
Here's a chart that will keep the Fed up at night
Here's a chart that the Federal Reserve hoped it wouldn't see: Inflation has turned upwards after making some progress in the ...
'Jarring' CPI data makes rate hikes 'seem less inconceivable', says major Wall Street bank
January's hot CPI inflation report increases "our conviction that the cutting cycle is over" for the Federal Reserve, said a team of economists and strategists at BofA Securities. Calling Wednesday's ...
History shows January CPI readings are prone to coming in hotter than expected
It's less than half an hour to the January consumer-price-index reading, and investors should be aware of the data's tendency ...
Small-cap stocks drop sharply after inflation report
Small-cap stocks were struggling Wednesday as interest rates rose in the bond market following a stronger-than-expected January inflation report. The Russell 2000 index, a measure of U.S. small-cap ...
Car insurance costs take a wrong turn
After eight months when increases in car-insurance premiums were less severe, the trend skidded to a halt in January's inflation numbers. There was a 2% monthly rise, up from 0.5% in December. The ...
Inside the CPI report: Why inflation rose as much as it did, and is it just temporary?
The chief source of inflation in January was the cost of shelter. That accounted for about 30% of the overall increase in the consumer-price index. Yet shelter costs — rent and housing — are actually ...
Powell refrains from saying which way interest rates could go based on Trump's policies
Federal Reserve Chair Jerome Powell, appearing for a second day of testimony before Congress, said central bank officials remain in a wait-and-see mode when it comes to deciding where interest rates ...
Market-based inflation expectations keep rising after hot January CPI data
Expectations for future inflation crept higher within the U.S rates market on Wednesday following January's hotter-than-expected CPI reading, raising the possibility that inflation could stay above ...
Gold falls after CPI data, but 'bull case' rests on strong demand
Gold prices looked to tally a second straight loss on Wednesday, pressured as Treasury yields climbed in the wake of data showing a sharp [increase in consumer prices]( ...
Finger-pointing over Fed's 2024 rate cuts will intensify, BMO says
Signs of resurgent inflation shown in January's consumer-price index can't be "easily explained away" by seasonal factors, and pressure will build on the Federal Reserve to stay on hold for a ...
Egg prices jump 15.2% in January — the largest gain in almost a decade
Egg prices rose 15.2% in January, the largest increase since June 2015, the Labor Department said. The price of eggs has seen a year-over-year rise of 53%. Food-at-home prices were up 0.4% in January, ...