Its team forward buys beef at a certain price to save on costs and has a freezer program. CFO Michelle Hook is expecting "relatively stable overall costs" in 2025 after the team guided to commodity ...
Wall Street looked set to recover after US banks posted impressive earnings, and inflation data was better than expected.
Powell told reporters that it's still uncertain how Trump's additional tariffs would impact the inflation picture. "So we just don't know, really, very much at all about the actual policies. So it's ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...
Inflation accelerated in December, with the Consumer Price Index rising by 2.9% from a year ago, up from 2.7% in November.
New Jersey Rep. Jeff Van Drew said “inflation” has so “ravaged” taxpayers since then that the SALT cap would have to “at ...
DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve is missing the bigger picture again.
The fresh data arrives after a jobs report last week showed stronger-than-expected hiring in December, which sent the stock ...
More than 70% of EVs are now leased in America before being sold, many of which are taking advantage of a $7,500 tax credit ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked ...
The milder-than-expected increase in consumer prices in December came as a big relief to Wall Street, but it leaves hardly any wiggle room for the Federal Reserve to cut interest rates early in the ...