Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.

The consumer price index, commonly referred to as CPI, measures changes in the price of consumer goods and services, from ...

Inflation cooled more than expected in January, according to consumer data released Friday by the Bureau of Labor Statistics.

While the reading was cooler than expected, consumers still saw higher costs for computers, ​appliances​ and hospital care.

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 250 points on Friday. The Dow traded up 0.50% to 49,701.48 while the NASDAQ rose 0.41% to 22,690.60. The S&P ...

Inflation eased to 2.4% in January, the lowest in 8 months, raising speculation the Fed may revisit its steady interest rate stance in March.