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S&P 500 opens higher after light inflation data, but gain held in check by IBM drop, oil jump: Live updates
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Breaking News
Inflation eased in June as gas prices fell — but economists say relief may not last long
Consumer prices
U.S. inflation cooled in June on lower prices for gas and other goods, but much of the progress could be reversed if the Iran war worsens.
Fed chair testifies
Warsh's statement to Congress: Fed has 'no tolerance for persistently elevated inflation'
Breaking news
Inflation fell more than expected in June as gas prices eased in response to U.S.-Iran negotiations
Breaking news
Inflation cooled in June thanks in part to falling energy prices that are on their way back up as the Iran conflict reignites
Breaking News
After three months of acceleration driven by oil market disruptions tied to the Iran war, the U.S. annual inflation rate fell to 3.5% in June, down from 4.2% in May.
