Consumer prices jump to 9-month high

Consumer prices rose in March for the fourth month in a row and the pace of inflation hit the highest level in two and a half years, underscoring new pressures emerging on the economy as the U.S. recovers from the coronavirus......»»

U.S. homebuilding fell for a third straight month in July amid a steep decline in the construction of multi-family housing units, but a jump in permits to a seven-month high offered hope for the struggling housing market......»»

Gold prices on Tuesday jump to the highest levels in more than a year as comments made in Portugal by European Central Bank President Mario Draghi ahead of a meeting of the Federal Reserve is seen as setting the stage for lower interest rates......»»

Consumer confidence surged in May to a six-month high, spurred by a strong labor market, a new survey showed. Higher gas prices and a flareup in trade tensions with China appeared to do little to dampen the optimism of Americans......»»

Consumer confidence surged in May to a six-month high, spurred by a strong labor market, a new survey showed. Higher gas prices and a flareup in trade tensions with China appeared to do little to dampen the optimism of Americans......»»

The Labor Department said the consumer price index climbed 2.8% last month from a year earlier, putting inflation on its fastest annual pace since February 2012. But core prices .....»»

Shares of oil and gas companies charged broadly higher in morning trade Wednesday, fueled by a jump in crude oil futures to a 3 1/2-year high in the wake increased pressure on Iran's oil industry by the Trump administration. The .....»»

Gold prices make modest moves in either direction Tuesday, finding support with the dollar near a one-month low, but also pressured by a jump in U.S. consumer confidence, which backs the Federal Reserve’s plan for further interest-rate increases......»»

Thanks to credit card usage, consumer credit grew at the fastest rate in 11 months, the Federal Reserve said Friday......»»

Economists generally predict a slight slowdown in the month-over-month inflation rate, with consumer prices and the core reading potentially rising by 0.3% in March compared to 0.4% in February. read more.....»»

Oahu’s overall median price has been rising toward the $1 million mark each month this year, reaching an all-time high of $950,000 in March......»»

Gold futures edged higher.....»»

Investors are expected to focus on Federal Reserve speakers in the coming week as they react to US consumer prices climbing to a 13-year-high. OHANNES EISELE/AFP/Getty Images US futures and European stocks edged lower on Monday after overni.....»»

The recent cyberattack on Colonial Pipeline combined with a pandemic-recovering economy have hit the trucking industry, which plays a crucial role in consumer spending......»»

A Stunned Wall Street Responds To Today's Scorching Inflation Print The biggest MoM jump in core consumer prices since 1981 and record-breaking spikes in energy and used-car prices - all much hotter than expected - has sparked som.....»»

Consumer prices rose 4.2% year-over-year, but the negative price growth seen in April 2020 made for a lower benchmark to compare against. A Publix supermarket cashier bags groceries .....»»

Shares of NortonLifeLock Inc. shot up 9.5% toward an 8-month high in afternoon trading Tuesday, enough to pace the S&P 500's gainers, after the consumer cyber safety company reported record fourth-quarter profit and revenue that beat expecta.....»»

Gold prices jump early Friday after a closely watched reading of labor conditions in the U.S. for the month was much weaker than forecast......»»

Consumer confidence leaped again in April to a 14-month high as rising vaccinations, falling coronavirus cases and a resurgent U.S. economy eased pandemic-related anxieties, a new survey showed. The index of consumer confidence climbed to 121.7 from 109......»»

Gold futures trades slightly higher Wednesday, partly supported by unease in markets over a rise in cases of COVID-19 from more transmissible variants, especially in Asia and Latin America, that could hurt the world economic rebound from the pandemic......»»