Durable goods orders increased 0.3% in June to $334.77 billion, missing the projected 1.6% growth. Core durable goods orders, which exclude transportation, rose 0.6% monthly and grew 11.0% annually, ...
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AI hardware is keeping the inflation fire burning
Durable goods prices continued to rise in July, with inflation accelerating to 3.4% year over year, according to data from Carson Investment Research and FRED cited by strategist Ryan Detrick, CMT.
The S&P 500 (SPX) is up by 0.1% on Tuesday as investors digest a durable goods order update from the U.S. Census Bureau. Orders for durable goods, which are ...
Inflation accelerated last month as soaring energy prices continued to drive up costs across the economy, increasing pressure ...
September CPI rose 0.6% month-over-month and 3.7% year-over-year, with core CPI at 0.3% and 2.6%, respectively. Energy inflation surged over 5% in September and 20% year-over-year, driving volatility, ...
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Consumer prices are expected to rise into the high 2 percent range in November due to an upward trend in core inflation, the central bank said ...
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