Economy - Finance > Rate

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

9 days 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%

9 days 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

9 days 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

9 days 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

9 days 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

9 days 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

9 days 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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SoFi dumps Visa and makes Mastercard its exclusive partner as it gears up to...

SoFi dumps Visa and makes Mastercard its exclusive partner as it gears up to add a credit card alongside its debit card

SoFi, the online lender and personal finance platform, on Thursday said it had reached an exclusive card network partnership with Mastercard. The SoftBank-backed startup... Read more ...

JPMorgan Chase has named the president of its co-brand credit cards business...

JPMorgan Chase has named the president of its co-brand credit cards business as its new CMO

JPMorgan Chase has named Leslie Gillin as its new CMO. Gillin will oversee the Chase, JP Morgan, and corporate brands in her new role. She most recently served as the president... Read more ...

GOLDMAN SACHS: Lagging fund inflows can drive the stock market even higher

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The stock market is having room to run even higher this year despite a 29% gain in 2019 and warnings of a reversal, Goldman Sachs analysts wrote. Fund inflows are lagging the... Read more ...

General Catalyst's newest partner wants to bring Silicon Valley's...

General Catalyst's newest partner wants to bring Silicon Valley's controversial relationship with Washington, DC, back from the brink

On Thursday, General Catalyst announced that journalist-turned-VC Katherine Boyle was promoted to partner. Boyle has led some of the firm's most controversial investments in... Read more ...

Weekly Initial Unemployment Claims Increase to 211,000

Weekly Initial Unemployment Claims Increase to 211,000

The DOL reported : In the week ending January 18, the advance figure for seasonally adjusted initial claims was 211,000, an increase of 6,000 from the previous week's revised... Read more ...

The Wuhan virus isn't just hitting Chinese stocks - here's how global oil...

The Wuhan virus isn't just hitting Chinese stocks - here's how global oil and bond markets are moving

Oil fell on Thursday after the Chinese stock market plunged on Wuhan virus fears. Japanese Government Bonds, often seen as a safe-haven asset, tightened. Watch oil trade live... Read more ...

I'm a financial adviser, and this is my best advice for what to do when the...

I'm a financial adviser, and this is my best advice for what to do when the stock market crashes

If you're panicking about stock market dips - or even an upcoming recession - there are a few actions you can take to quell your anxiety. The most important thing to do... Read more ...

13 consulting firms where you can earn more than $200,000 right out of...

13 consulting firms where you can earn more than $200,000 right out of business school

For a recent MBA grad, a $170,000 entry-level base pay isn't too out of reach, according to the latest salaries report by Management Consulted , a company that helps graduates... Read more ...

Not Ready For Economic Collapse: Only 41 Percent Of Americans Have $1000 To...

Not Ready For Economic Collapse: Only 41 Percent Of Americans Have $1000 To Cover An Emergency

We better hope that the U.S. economy holds together in 2020, because if there is any sort of major economic crisis much of the country is going to be broke almost immediately... Read more ...

U.S. Drinking Water Widely Contaminated With 'Forever Chemicals,' Watchdog Says

U.S. Drinking Water Widely Contaminated With 'Forever Chemicals,' Watchdog Says

Some of the highest levels have been found in Miami, Philadelphia and New Orleans, according to a new report. Read more ...