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 […]
Home prices hit another record high in August
Rebecca Chen·Reporter Tue, October 31, 2023, 9:23 AM EDT Home prices finished the summer at another record high as home affordability tanks to a historical low. The S&P CoreLogic Case-Shiller National Home Price Index increased 0.9% in […]
Benchmark 10-year U.S. Treasury yield tops 5%
Mon, October 23, 2023, 5:10 AM EDT LONDON, Oct 23 (Reuters) — The yield on the benchmark 10-year U.S. Treasury note rose above 5.0% on Monday, hitting the July 2007 milestone that it briefly attempted […]
