Inflation unexpectedly picked up speed in January as the Personal Consumption Expenditures price index rose 5.4% in January from a year earlier, the Commerce Department's Bureau of Economic Analysis reported Friday. In December, prices rose 5.3% annually.
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News: What you need to know about the markets | | | | Inflation surprisingly rose in January, according to the Fed's preferred gauge | Inflation unexpectedly picked up speed in January as the Personal Consumption Expenditures price index rose 5.4% in January from a year earlier, the Commerce Department's Bureau of Economic Analysis reported Friday. In December, prices rose 5.3% annually. Read more » | | 2 million Cosori air fryers recalled because of fire hazard | Roughly 2 million Cosori air fryers have been recalled because they pose a possible fire risk. Read more » | | Thomas H. Lee, pioneer of leveraged buyouts, is dead at 78 | Thomas H. Lee, a private equity financier who pioneered the use of leveraged buyouts that helped to reshape corporate America, has passed away, according to a notice from his former firm that still bears his name. Read more » | | A generation of high-profile women tech leaders have stepped aside. What's next? | When Susan Wojcicki was named CEO of YouTube in 2014, she was in relatively good company as a woman leader in Silicon Valley. Read more » | | Why today's inflation report is so important | Federal Reserve policy is based on trust. The central bank's ability to maintain stable prices depends on the public's confidence that it can deliver. But after more than a year of interest rate hikes and attempts to cool the economy, prices are still rising at a pace well above the Fed's 2% goal and the public is becoming increasingly weary. Read more » | | Molson Coors must stop saying rival beers taste like water, regulator says | Beer ads try to be funny, but a regulatory group has determined that Molson Coors went too far with a recent ad that compares rivals' light beer to water. Read more » | | | | | | | |
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| -336.99 | | -195.46 | | -42.28 | 32,816.92 | | 11,394.94 | | 3,970.04 | -1.02% | | -1.69% | | -1.05% | YTD -1.00% | | YTD +8.87% | | YTD +3.40% | | | |
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Biggest Winners | EQT Corp | +6.89% | | Linde PLC | +4.75% | | Edison International | +4.21% | | Coterra Energy Inc | +3.61% | | Biggest Losers | Live Nation Entertainment Inc | -10.08% | | Boeing Co | -4.80% | | EOG Resources Inc | -4.41% | | Pioneer Natural Resources Co | -4.14% | | | | | |
Hottest ETF | | | NYSE Market Volume | | | | | | |
Key Market Stats | Latest | Today's Change | | Oil | $76.52 | +1.13 / +1.50% | | Gold | $1,817.80 | -9.00 / -0.49% | | 10-yr | 3.95% | +0.07 | | Euro | $1.06 | -0.00 / -0.38% | | |
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