Economy - Finance > Rate

U.S. consumer prices gain slightly; underlying inflation tame

5 monthes ago   |   By Reuters

U.S. consumer prices rose slightly in December even as households paid more for healthcare, and monthly underlying inflation slowed, supporting the Federal Reserve's desire to keep interest rates unchanged at least through this year.
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BLS: CPI increased 0.2% in December, Core CPI increased 0.1%

5 monthes ago   |   By Calculated Risk

From the BLS :
The Consumer Price Index for All Urban Consumers rose 0.2 percent in December on a seasonally adjusted basis after rising 0.3 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.3 percent before seasonal adjustment.
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The index for all items less food and energy rose 0.1 percent in December after increasing 0.2 percent in November.
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The all items index increased 2.3 percent for the 12 months ending December, the largest 12-month increase since the period ending October 2018. The index for all...
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US consumer prices increase moderately in December

5 monthes ago   |   By CNBC

U.S. consumer prices rose slightly in December and monthly underlying inflation pressures retreated.
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A partner at a $1.2 billion fund told us a 'fundamental paradigm shift' is reshaping the way consumers think about energy. Here are 3 startups he's betting will benefit

A partner at a $1.2 billion fund told us a 'fundamental paradigm shift' is reshaping the way consumers think about energy. Here are 3 startups he's betting will benefit

5 monthes ago   |   By Business Insider

Few people know how much energy they use, but that's soon to change, according to Sameer Reddy, a partner at the $1.2 billion investment firm Energy Impact Partners .
"I think there's going to be a fundamental paradigm shift in the way individual consumers think about electricity," he told Business Insider.
That's why Reddy is placing big bets on a handful of startups that are trying to change the way consumers buy energy and optimize their homes.
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U.S. consumer prices rise slightly; underlying inflation muted

5 monthes ago   |   By Reuters

U.S. consumer prices rose slightly less than expected in December and monthly underlying inflation pressures retreated, which could allow the Federal Reserve to keep interest rates unchanged at least through this year.
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Alert: US consumer prices tick up 0.2% in December on rise in cost of gasoline

5 monthes ago   |   By Chron

WASHINGTON - US consumer prices tick up 0.2% in December on rise in cost of gasoline.
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Rising energy costs lift US consumer prices 0.2% in December

5 monthes ago   |   By Chron

WASHINGTON - Rising energy costs drove U.S. consumer prices higher in December, and American workers' earnings couldn't keep up.
The Labor Department said Tuesday that its consumer price index rose 0.2% last month, lifted by a 2.8% increase in gasoline prices. Over the past year, consumer inflation is up 2.3%. Excluding volatile food and energy prices, so-called core consumer inflation rose just 0.1% in December and 2.3% over the past year.
Inflation is running close to the Federal Reserve's 2% annual target. The Fed cut short-term interest rates three times last year, partly to protect a...
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July 5 COVID-19 Test Results

July 5 COVID-19 Test Results

The US is now conducting over 600,000 tests per day, and that might be enough to allow test-and-trace in some areas. Based on the experience of other countries, the percent... Read more ...

Census: Household Pulse Survey shows 32% of Households Expect Loss in...

Census: Household Pulse Survey shows 32% of Households Expect Loss in Income; 24.5% Concerned about Housing

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Coronavirus cost global economy 400 MILLION full-time jobs - UN labor agency

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Global working hours are expected to have plummeted by 14 percent in the second quarter of 2020 as a result of the Covid-19 pandemic, according to the International Labour... Read more ...

This VC's tech startups are soaring in the downturn - here are five new...

This VC's tech startups are soaring in the downturn - here are five new companies he think will pop and three trends he says will emerge from quarantine

Jai Das of Sapphire Ventures has watched Netskope, Auth0, Box, and Square flourish while other companies have failed. Das says an economic downturn "accelerates what happens... Read more ...

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The tabletop gaming community has quietly been shifting toward a new type of funding model where fans have increasing say over which games make it to their living rooms. (Image... Read more ...

Banks' and lenders' payment deferment for COVID-19 will be ending soon. If...

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Your COVID-19 deferral period for credit card, loan, mortgage, or insurance payments may be coming to an end soon. If you still can't pay, call the company's customer support... Read more ...

Why historically high unemployment should embolden investors to take more...

Why historically high unemployment should embolden investors to take more market risk, according to a Wall Street chief strategist

The still-lofty unemployment rate offers investors the latest sign to return to the stock market, James Paulsen, chief investment strategist at The Leuthold Group, said... Read more ...

Moscow among top 20 best ‘tech cities' in Europe

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The Russian capital has made it into a list of the top 20 European cities with the most promising prospects for start-ups, tech and innovation investment, according to the Tech... Read more ...

July 4 COVID-19 Test Results

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The US is now conducting over 600,000 tests per day, and that might be enough to allow test-and-trace in some areas. Based on the experience of other countries, the percent... Read more ...

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Over 250 years ago, Benjamin Franklin wrote an essay on money and success in "The Way to Wealth." The tips are written as proverbs but offer mindful advice around... Read more ...