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Tag: Consumer Price Index

People shop for groceries in Monterey Park, California, on February 12, 2025. Major US indices began the day firmly in the red after January US consumer price index data showed inflation grew, raising questions about whether the Federal Reserve's progress on bringing down prices was reversing. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

U.S. Inflation Cools To 2.8% In February, Beating Expectations

U.S. inflation cooled more than expected in February, with price growth remaining well above the Federal Reserve’s goal ahead of the central bank’s policy meeting next week. 

Read More U.S. Inflation Cools To 2.8% In February, Beating Expectations
A shopper reaches for a carton of eggs from a grocery chain store asking customers to limit their purchases on February 10, 2025 in South Pasadena, California. A resurgence of avian flu, which first struck the United States in 2022, is hitting chicken farms hard, sending egg prices soaring and rattling consumers accustomed to buying this dietary staple for only a few dollars. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

U.S. Inflation Surges To 3% In January, Slashing Hopes Of Interest Rate Cuts

U.S. consumer prices came in higher than expected in January as inflation showed few signs of slowing down. 

Read More U.S. Inflation Surges To 3% In January, Slashing Hopes Of Interest Rate Cuts
Customers exit a Waffle House restaurant as the moon sets on March 29, 2021 in Bessemer, Alabama. - Votes are set to be counted on March 29, 2021 on whether to create the first Amazon union in the United States, at a warehouse in Alabama, after a historic, five months-long David vs Goliath campaign. "I'm proud of the workers at Amazon for standing up and saying enough," said Joshua Brewer, the local president of the Retail, Wholesale and Department Store Union. (Photo by Patrick T. FALLON / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

Waffle House Places Surcharge On Egg Items To ‘Combat National Shortage’

Waffle House, a restaurant chain with over 2000 locations in 25 U.S. states, recently announced that the chain will be adding a $0.50 surcharge to all egg items at its locations — due to the drastic increase in egg prices caused by the ongoing bird flu, which is affecting supply chains.

Read More Waffle House Places Surcharge On Egg Items To ‘Combat National Shortage’
The Federal Reserve building in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts//File Photo

S&P 500, Nasdaq fall as investors scale back bets on Fed rate cuts in 2025

Stocks dropped on Monday, with the benchmark S&P 500 at a two-month low as bond yields surged after robust payroll numbers last week.

Read More S&P 500, Nasdaq fall as investors scale back bets on Fed rate cuts in 2025
People line up outside of Macy's flagship store before opening on Black Friday, in New York City on November 29, 2024. The annual Black Friday shopping day has always been about finding the best deals, but this year retailers are preparing for a US consumer more zealously fixated than ever on getting value for their money. (Photo by Adam GRAY / AFP) (Photo by ADAM GRAY/AFP via Getty Images)

U.S. Inflation Increases 2.7% In November, Going Up For Second Consecutive Month In A Row

The latest report revealed by the Labor Department showed that U.S. inflation rose in November from the pace it set a month earlier, going up for the second month in a row.

Read More U.S. Inflation Increases 2.7% In November, Going Up For Second Consecutive Month In A Row
A picture taken on December 7, 2021 in Istanbul shows US dollars banknotes. (Photo by Ozan KOSE / AFP) (Photo by OZAN KOSE/AFP via Getty Images)

October CPI Report Shows Inflation Continues to Climb as Fed Fights to Keep Rates Steady

The October Consumer Price Index (CPI) report shows a 0.2% monthly rise in inflation, with a 2.6% year-over-year increase, slightly above September’s 2.4% rate.

Read More October CPI Report Shows Inflation Continues to Climb as Fed Fights to Keep Rates Steady

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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