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 • 8 minutes ago ^GSPC +1.47% ^DJI +1.32% 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 Rigetti Computing CEO cautions investors amid wild stock swings 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 Latest Microsoft launches Copilot Chat for businesses to boost AI adoption Pakistan's premier welcomes World Bank's 10-year funding plan of $20 billion Chipmaker NXP gets 1 billion euro loan from EIB for European projects Stocks Roar After CPI as Yields Sink Amid Fed Bets: Markets Wrap UK Bonds Soar Most Since 2023 as Easing Inflation Calms Market Dec CPI rises a touch above expectations, keeps Fed on track Bloomberg reports that Meta will lay off 5% of staff Bitcoin Takes Cue From Tech Stocks While Correlation Increases Popular Germany's economy shrank for the second consecutive year in 2024 Inflation pressures ease in December as core CPI rises less than forecast A 2025 tax debate starts with a focus on a subject of bipartisan agreement: The child tax credit Oil shipping rates surge after US sanctions hit availability Technical Assessment: Bullish in the Intermediate-Term 5 Monster Stocks to Hold for the Next 5 Years (and Ideally Beyond) -- Including Nvidia Morning Bid: Markets catch a break before inflation, earnings 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 01:32 December inflation, bank earnings, SEC sues Elon Musk: 3 Things 03:25 US inflation rose as expected in December as core CPI softens 24:06 Rigetti Computing CEO on hype after his stock explodes 48% 02:08 Can the US Treasury market withstand the next financial crisis? Investment Ideas Build Your Wealth View More More News