Consumer Price Index

“I've never wished I had a chicken coop so badly,” Liz Young, head of investment strategy at SoFi (NASDAQ: SOFI) in a tweet. The digital bank executive echoed a sentiment circling the minds of investors on Thursday morning as egg prices soar, with no sign of coming down. While the...

Bitcoin (CRYPTO: BTC) spiked up 2.43% at one point during Thursday’s 24-hour trading session, leading Ethereum (CRYPTO: ETH) about 2.13% higher, prior to the U.S. Labor Department printing CPI data for the month of December. Although the data showed inflation ticked lower for the month ending...

Market bets on whether the Federal Reserve's rate hikes would lead to a recession in 2023 have become a primary focus for the equity markets and for those who trade them.  As a result of the Fed's focus on inflation, the correlation between individual securities and the consumer...

The much-awaited November price inflation report is due at 8:30 a.m. EST on Tuesday, and it is widely expected to show a letup in pricing pressure. What Happened: Economists, on average, expect the headline producer price index to show a 0.3% month-over-month increase in November, a slowdown from...

The major U.S. index futures are pointing to a moderately lower opening on Wall Street on Monday, as optimism following a tamer inflation data gives way to apprehension. The yield on the benchmark 10-year Treasury note was rising modestly, although holding below the 4% level. U.S. stocks closed the...

Holiday shoppers will be rejoicing in the coming weeks. Why? As they make their way to big-box retail stores to purchase gifts for friends and family for the 2022 holiday season, they will realize the prices of the goods they are purchasing are less expensive than in June....

It has been a volatile few days in the S&P 500 index. On Wednesday, the index plunged as investors went risk off, mostly predicated on the cratering of the cryptocurrency markets. And the unknown of the October consumer price index reading made the bulls less aggressive during...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.7% on Wednesday morning ahead of a critical consumer price index (CPI) inflation reading on Thursday morning. Economists are expecting the U.S. Labor Department to report 8% CPI inflation in October, down from 8.2% in September and a peak...

Consumers looking to purchase a used vehicle in the fourth quarter of this year from used car marketplaces like Carvana Co (NYSE: CVNA) and CarGurus Inc (NASDAQ: CARG) are in for a treat. But, if you’re an investor in either company, you may want to skip the next part. For The Investor:...

On today's (Oct. 13) episode of the "Stock Market Movers," host Mitch Hoch spoke to Thomas Hayes, chairman and managing member at Great Hill Capital, about today's consumer price index (CPI) data and what it means for the Federal Reserve's rate hikes and inflation....

According to consumer price index data provided by the U.S. Bureau of Labor Statistics (BLS) on Thursday, the used car and truck index showed a 1.1% decline, coming in at 7.2% following a 0.1% decline in August. This is the largest drop in the used car and truck index since March of this year. The...

The Consumer Price Index (CPI) data for September will be reported on Oct. 13 by the U.S. The Bureau of Labor Statistics. Analysts at JPMorgan Chase & Co and former U.S. Secretary of the Treasury Larry Summers weighed in on what is happening and what could happen. Why It Matters: This...

The U.S. The Bureau of Labor Statistics reports the September consumer price index data on Oct. 13. Why It Matters: Consumer uncertainty surrounding inflation expectations has remained elevated, as global pressures continue to mount. In the August CPI reading, used vehicle inflation decreased by 0....

On Oct. 13, 2022, the U.S. The Bureau of Labor Statistics is set to announce the consumer price index (CPI) for the month of September. What Happened: In the past consumer price index release, the all items index increased to 8.3% over the past twelve months, as the (CPI) rose by 0.1% in August....

After the headline Consumer Price Index (CPI) rose 8.3% in August, down from 8.5% in July, the SPDR S&P 500 (NYSE: SPY) started trending lower, heading towards June's lows. Although inflation has shown signs of weakening on the energy front as the energy index has declined by 9.6% in the...