U.S. inflation spikes unexpectedly in first 2025 reading
Increase in housing-related costs primary driver behind jump to 3% January rate as skyrocketing egg prices push up grocery ...
2025 was supposed to be the year mortgage rates fell — but that's looking less likely
Mortgage rates rose Wednesday in response to new inflation data. But borrowers can still find affordability, even when rates ...
How CD interest rates could be impacted by the inflation rise
High CD interest rates may remain high now that inflation's ticking up again. Here's what savers should consider.
US inflation worsened last month with cost of groceries and gasoline rising
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...
Bank of America CEO on inflation impact on U.S. economy: 'Rates are going to stay where they are'
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve ...
Trump has a plan to lower inflation. It’s just delayed
President Donald Trump made a campaign promise to lower prices on Day One. Well, it’s Day 24, and as anyone who has gone shopping for eggs lately knows: Prices aren’t any lower than they were on ...
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Will ocean rates collapse?
Ocean demand being pulled forward. The main debate regarding the container ship market is whether several factors will converge to tank rates later this year. Most industry profes ...
Powell says Trump's comments won't affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead ...
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January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...