US inflation jumps to 2.9 per cent, setting up key rate decision

US inflation edged up to 2.9 per cent in August, leaving the Federal Reserve with a difficult decision to make on interest rates next week and all but vanquishing any chance of a ‘super-sized’ 50 ... Read More

US consumer inflation accelerates; weekly jobless claims approach four-year high

U.S. consumer prices increased by the most in seven months in August amid higher costs for housing and food, but a surge in first-time applications for jobless benefits last week kept the Federal ... Read More

What To Expect in Markets This Week: August Inflation Data, Apple iPhone Event, Updates From Nvidia, Oracle, GameStop

The first look at August inflation—the Consumer Price Index—will show how price pressures are impacting the economy with Federal Reserve officials under pressure to cut interest rates later this month ... Read More

Kicking off a data-heavy week, U.S. stocks close higher

U.S. stocks finished higher on Monday as investors prepared for a data-heavy week featuring two key inflation reports. Read More