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Inflation jumps 2.9 percent in largest annual gain in 6 years

Consumer prices rose in June from a year earlier at the fastest pace in six years, lifted by more expensive gas, car insurance, and higher rent. The Labor Department says the consumer price index ticked up just 0.1 percent in June......»»

Category: topSource: moneycentralJul 12th, 2018

Consumer prices ramp up at their fastest pace in 6 years

Joe Raedle/Getty Images Consumer prices rose 2.9% year-over-year in June, making for their largest annual gain since February 2012. Gas prices rose 0.5% month-over-month, and are up 24.3% over the past year. Th.....»»

Category: topSource: businessinsiderJul 12th, 2018

Expensive gasoline lifts producer prices more than expected

U.S. producer prices increased more than expected in May, leading to the biggest annual gain in nearly 6-1/2 years, but underlying producer inflation remained moderate......»»

Category: topSource: moneycentralJun 13th, 2018

Eurozone Inflation Jumps, but Uncertainty Still Clouds ECB Outlook

The eurozone’s annual rate of inflation rose more sharply than expected in May as energy prices increased, a development that will likely reinforce the ECB’s belief that the metric will return to its target over coming years......»»

Category: europeSource: wsjMay 31st, 2018

U.S. Consumer Prices Increase at Fastest Annual Rate Since 2012

U.S. consumer prices rose for a third straight month in June, eating away at sluggish wage growth and sending inflation to its highest rate in more than six years......»»

Category: smallbizSource: wsjJul 12th, 2018

U.S. producer inflation rises on strong services gains

U.S. producer prices increased more than expected in June amid gains in the cost of services and motor vehicles, leading to the biggest annual increase in 6-1/2 years......»»

Category: topSource: reutersJul 11th, 2018

Economic Report: Wholesale inflation jumps to six-year high, PPI shows

The wholesale cost of goods and services rose in June at the highest yearly rate in almost seven years, reflecting broad inflationary pressures in a fast-growing U.S. economy......»»

Category: topSource: marketwatchJul 11th, 2018

Home prices make biggest jump in four years

CNBC's Diana Olick reports on home values jumping 7.1 percent in June compared with a year ago, the biggest annual jump in four years......»»

Category: realestateSource: cnbcJul 9th, 2018

U.S. Consumer Spending Moderated in May

U.S. consumers only modestly boosted their spending in May despite improved incomes, as year-over-year inflation posted its largest increase in over six years......»»

Category: smallbizSource: wsjJun 29th, 2018

U.S. Inflation Posted Its Highest Annual Growth Rate in 6 Years

Adjusted for inflation, consumer spending was little ch.....»»

Category: europeSource: fortuneJun 29th, 2018

U.S. core PCE price index hits 2 percent; spending slows

WASHINGTON (Reuters) - U.S. consumer prices accelerated in the year to May, with a measure of underlying inflation hitting the Federal Reserve's 2 percent target for the first time in six years......»»

Category: topSource: reutersJun 29th, 2018

Colorado-based company buys Florida city"s largest commercial building for $47.75M

The largest warehouse in Jacksonville, Fla., has been sold to a Colorado-based company for $47.75 million, marking an almost 200 percent increase in the property's value in just seven years. Arsenault Holdings LLC, a real estate investment firm based .....»»

Category: topSource: bizjournalsJun 14th, 2018

5 Top Stocks to Beat the Fastest Rise in Inflation in 6 Years

In the 12-month period through May, the Consumer Price Index was up 2.8%, its biggest year-on-year gain since early 2012. Cost of living for Am.....»»

Category: personnelSource: nytJun 13th, 2018

Consumer Prices Post Largest Annual Growth in More Than Six Years - Wall Street Journal

Wall Street JournalConsumer Prices Post Largest Annual Growth in More Than Six YearsWall Street JournalWASHINGTON—U.S. consumer prices last month notched the heftiest annu.....»»

Category: topSource: googlenewsJun 12th, 2018

Gas price jump pushes consumer prices up 2.8% annually, highest rate in 6 years

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 .....»»

Category: topSource: usatodayJun 12th, 2018

Consumer Prices Post Largest Annual Growth in More Than Six Years

U.S. consumer prices climbed in May, a further sign price pressures in the economy are solidifying......»»

Category: smallbizSource: wsjJun 12th, 2018

GM stock soars on $2.25 billion investment from SoftBank

Shares of General Motors posted their largest one-day gain since the company's rebirth from bankruptcy eight years ago......»»

Category: topSource: moneycentralMay 31st, 2018

Cover story: Numbers are increasing, but public companies still slow to bring women on board

Among 35 public companies in the region today, including the largest banks by market share based locally, 17.5 percent of board members were women. That is up 16 percent since last year and up 57 percent over the past five years......»»

Category: topSource: bizjournalsMay 24th, 2018

This Day In Market History: iOmega"s Incredible Run Comes To An End

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 22 years ago, iOmega Corp. hit $27 per share, a gain of 2,135 percent over a one-year stretch. read more.....»»

Category: blogSource: benzingaMay 22nd, 2018

Tech ETF Tempts Again

The Technology Select Sector SPDR (NYSE: XLK), the largest technology exchange-traded fund by assets, took its lumps at the end of the first quarter. Those lumps appear short-lived as XLK has posted a second-quarter gain of nearly 6 percent. read more.....»»

Category: blogSource: benzingaMay 9th, 2018

Market swipes left on Match, Tinder as Facebook swipes right on dating

Match fell 22 percent - its largest one-day drop ever - and IAC, which owns more than a fifth of Match, fell nearly 18 percent in its biggest daily loss in about 13 years.....»»

Category: topSource: business-standardMay 2nd, 2018