Consumer
US consumer prices unexpectedly rise in November
WASHINGTON (Reuters) – U.S. consumer prices unexpectedly rose in November while underlying inflation pushed higher, offering more evidence that the Federal Reserve was unlikely to pivot to interest rate cuts early next year. The consumer […]
Oil prices are crashing. Blame uncertain demand and booming US production.
Scroll back up to restore default view.Phil RosenWed, December 6, 2023, 9:42 PM ESTIn this article: CL=F+0.95% US and Brent crude oil prices plummeted on Wednesday to $69 and $74 a barrel, respectively. US crude […]