• Wall Street gets a reprieve on 2 of its biggest worries about the economy

    5 monthes ago - By Business Insider

    Two of Wall Street's biggest worries on the economy, inflation and wage growth, showed signs of moderation in February.
    Labor Department data shows not only a subdued inflation trend but also suggests wage growth is moderating rather than picking up steam.
    Diplomatic tensions with North Korea. A criminal investigation into possible conspiracy against the United States. The sudden, unexpected firing of Secretary of State Rex Tillerson.
    Such massive turbulence has barely registered on the market's radar. Instead, traders are fretting over the possibility that slightly higher inflation might...
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  • Wall Street edges lower as technology, energy stocks drag

    Wall Street edges lower as technology, energy stocks drag

    5 monthes ago - By Reuters

    Losses in technology and energy stocks on Tuesday weakened Wall Street's strong opening gains following U.S. consumer price data that eased worries about rising inflation.
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  • Stocks rise as consumer price report soothes inflation fears

    5 monthes ago - By Chron

    NEW YORK - U.S. stocks are moving higher Tuesday morning after the Labor Department said inflation remained in check last month. Technology and health care companies are leading the way. Qualcomm is skidding after President Donald Trump blocked a bid for the chipmaker by Singapore-based rival Broadcom. Trump said he opposed the deal because it could have been detrimental to national security.
    KEEPING SCORE: The S&P 500 index climbed 16 points, or 0.6 percent, to 2,799 as of 10 a.m. Eastern time. The Dow Jones industrial average rose 173 points, or 0.7 percent, to 25,351. The Nasdaq...
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  • U.S. consumer prices rose modest 0.2 percent in February

    5 monthes ago - By Finance Commerce

    WASHINGTON - Consumer prices increased at a modest pace in February, underscoring that inflation pressures appear to be muted for now. The consumer price index increased 0.2 percent last month, after a sharp 0.5 percent gain in January, the Labor Department said Tuesday. Core prices - which exclude the volatile food and energy categories - ...
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  • U.S. consumer prices slow

    5 monthes ago - By Reuters

    Price increases at the consumer level cooled in February, rising 0.2 percent. As Fred Katayama reports, inflation-focused investors cheered the data.
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  • BLS: CPI increased 0.2% in February, Core CPI increased 0.2%

    5 monthes ago - By Calculated Risk

    From the BLS :
    The Consumer Price Index for All Urban Consumers increased 0.2 percent in February on a seasonally adjusted basis after rising 0.5 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 2.2 percent before seasonal adjustment.
    ...
    The index for all items less food and energy increased 0.2 percent in February following a 0.3-percent increase in January.... The all items index rose 2.2 percent for the 12 months ending February, a slightly larger increase than the 2.1-percent rise for the 12 months ending...
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  • Inflation fears cool off as consumer prices rise in line with expectations

    5 monthes ago - By CNBC

    CPI likely rose 0.2 percent in February after a 0.5 percent gain in January, according to economists polled by Thomson Reuters.
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  • U.S. consumer prices slow as gasoline falls, rents moderate

    5 monthes ago - By Reuters

    WASHINGTON - U.S. consumer price growth slowed in February amid a decline in gasoline prices and a moderation in the cost of rental accommodation, the latest indication that an anticipated pickup in inflation probably will be only gradual.
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  • U.S. consumer prices slow in February; rents moderate

    5 monthes ago - By Reuters

    WASHINGTON, - U.S. consumer prices cooled in February amid a decline in gasoline prices and a moderation in the cost of rental accommodation, the latest indication that an anticipated pickup in inflation probably will be only gradual.
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  • US consumer prices rose 0.2 percent in February, a sign inflation remains mostly in check

    5 monthes ago - By Chron

    WASHINGTON - US consumer prices rose 0.2 percent in February, a sign inflation remains mostly in check.
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