BREAKING NEWS Core prices come in cooler than expected as inflationary pressures ease slightly Key inflation metric comes in cooler than expected Inflationary pressures eased slightly in December in a pleasant surprise to Wall Street. Yahoo Finance • 1 minute ago ^IXIC -0.23% ^GSPC +0.11% Stock futures surge as inflation cools, bank earnings shine Goldman profit surges as investment banking fuels bumper quarter JPMorgan notches another record year of profits BlackRock profit jumps amid record $641B in client cash Nvidia's $3T rally is on edge, but Wall Street is unfazed US 30-year mortgage rate hits highest level since May 2024 Citigroup swings to profit on trading strength, surging deals TikTok prepares for US shutdown from Sunday Wall Street firms predict jolt in US stocks on inflation miss Latest Civitas Resources weighs sale of DJ Basin assets, Bloomberg News reports US consumer prices rise slightly above expectations in December US inflation picked up in December, though underlying price pressures ease slightly Brazil's Gol releases new five-year plan ahead of Chapter 11 exit Wells Fargo Takes $647 Million Severance Charge as Costs Cut Crafts Retailer Joann Files Second Bankruptcy in a Year NetApp Selling Some Software Assets to Thoma Bravo’s Flexera Traders Bet on More BOE Cuts as Lower Inflation Calms Market Popular Germany's economy shrank for the second consecutive year in 2024 5 Monster Stocks to Hold for the Next 5 Years (and Ideally Beyond) -- Including Nvidia A 2025 tax debate starts with a focus on a subject of bipartisan agreement: The child tax credit Nvidia Edges Lower Despite Trump Tariff Report Surprise; Is Nvidia A Buy Now? Prediction: This Will Be Wall Street's First $5 Trillion Company -- and It's Not Nvidia Technical Assessment: Bullish in the Intermediate-Term Watch These Moderna Price Levels as Stock Plummets After Slashing 2025 Revenue Outlook December CPI report, JPMorgan & Goldman Sachs earnings: Yahoo Finance There is a lot of news driving the market action Wednesday morning. Investors are digesting the December Consumer Price Index (CPI) report, especially given the Federal Reserve’s concerns about inflation being stubborn. It’s also a big day for financial sector earnings, with JPMorgan Chase (JPM), Goldman Sachs (GS), Citigroup (C), Wells Fargo (WFC), BlackRock (BLK), and Bank of New York Mellon (BK) all reporting. Other trending tickers on Yahoo Finance include Eli Lilly (LLY), Fannie Mae (FNMA), and Rigetti Computing (RGTI), whose CEO is appearing on Opening Bid today at 12 p.m. ET. Key guests include:8:30 a.m. ET - Claudia Sahm, Former Federal Reserve Board Economist & New Century Advisors Chief Economist9:05 a.m. ET - Tom Porcelli, PGIM Fixed Income Chief U.S. Economist9:10 a.m. ET - Chris Whalen, Whalen Global Advisors Chairman10:30 a.m. ET - Andy Walden, Intercontinental Exchange Vice President of Research and Analysis10:40 a.m. ET - Ben Cook, Hennessy Energy Transition Fund Portfolio Manager11:30 a.m. ET - Darrin Williams, Southern Bancorp CEO 05:12 Trump eyes gradual tariff hikes. A breakdown of these proposals. 03:38 US restrictions on AI chips are a 'step in the wrong direction' 03:33 US equities demonstrate 'rational exuberance': Strategist explains 04:38 What is the VIX? Guide to market's 'fear gauge' Investment Ideas Build Your Wealth View More More News