:Dating app operator Bumble said on Friday its founder and executive chair, Whitney Wolfe Herd, will become the chief executive of the company from mid-March after Lidiane Jones resigned as CEO.
Investing.com - The US dollar edged higher Friday, but was on course for a weekly loss after core inflation eased, while sterling retreated following the release of weak retail sales data.
It is used to measure inflation and indicates the cost of living for consumers. CPI is calculated by selecting a basket of goods and services that represent typical consumer purchases and tracking ...
Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high and underscoring that an encouraging slowdown in price increases last ...
Today’s much-worried-about CPI inflation reading was, contrary to the market’s fears, not too hot. Headline inflation rose from 2.8 per cent to 2.9 per cent in December, just as economists ...
Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases. Last month ...
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks. The Dow surged 703 points, or 1.65%, to close at 43,222.
The newest member of the Bank of England's interest rate-setting committee has made the case for up to four cuts this year following a surprise fall in inflation. Professor Alan Taylor used a ...
U.S. inflation showed signs of picking up in December, driven by the higher cost of gas, eggs and used cars, but underlying price pressures appeared to ease slightly, offering some relief for ...
The December Consumer Price Index report showed an acceleration in year-on-year total CPI inflation to 2.9%, the highest rate since July 2024. Meanwhile, core CPI remained sticky and elevated but ...
Wall Street closed higher on Wednesday, with all three major stock indexes posting their largest daily percentage gain since November 6, as investors cheered signs that inflation's still slowing ...