US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...

The Personal Consumption Expenditure index shows prices are up by 2.6% annually. The Federal Reserve is seeing positive economic indicators despite erratic inflation. Just two days after the Federal ...

The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.

Stardust Solar Energy Inc. has successfully closed the second and final tranche of its upsized non-brokered private placement, raising approximately $524,610.40 by issuing 5,246,104 units. These ...

Time is of the essence if Daniel Farke is to sprinkle stardust on his Leeds United squad in the transfer window. Deadline day is approaching but there have been no incomings at Elland Road. The dream ...

Stardust Power (Nasdaq: SDST), a US battery-grade lithium product developer, has officially broken ground on its $1.2 billion lithium refinery in Oklahoma, which will be one of the largest in the US.

SINGAPORE – Singapore’s core inflation extended its decline in December 2024 as the cost of services moderated, though the gauge came in above analysts’ expectations. Core inflation ...

The Reserve Bank's battle with inflation is over. So why doesn't it feel like things have improved? Data released on Wednesday showed the consumer price index lifted 2.2 percent in the last quarter of ...

South Africa’s annual consumer price inflation (CPI) rose to 3.0% in December 2024, up from 2.9% in November, according to the lastest report from Statistics South Africa (Stats SA). This means ...

New inflation data shows the cost of living keeps going up. Photo / 123RF The largest contributor to the annual inflation rate was rent, up 4.2%, according to Stats NZ figures released today.

Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday bringing prices down for restaurant food, alcohol and children's clothing, Statistics Canada ...