Here’s the inflation breakdown for November 2024 — in one chart

Here’s the inflation breakdown for November 2024 — in one chart


Key Points
  • The consumer price index increased 2.7% in November 2024 from a year earlier, according to the Bureau of Labor Statistics.
  • Inflation is not accelerating, but remains persistently too high, economists said.
  • Inflation for groceries, gasoline and new vehicles increased.
  • The good news is underlying trends still appear positive and disinflation is likely to continue, economists said.



Source

Stocks making the biggest moves premarket: GM, Coca-Cola, 3M, Philip Morris & more
Finance

Stocks making the biggest moves premarket: GM, Coca-Cola, 3M, Philip Morris & more

Check out the companies making the biggest moves in premarket trading: General Motors — The Detroit automaker jumped 10.5% after raising its full-year guidance and posting an earnings beat. GM earned an adjusted $2.80 per share its third quarter, versus the $2.31 a share expected from analysts polled by LSEG. Revenue was $48.59 billion, compared […]

Read More
Stocks making the biggest moves midday: Apple, Cleveland-Cliffs, Oracle, KLA, Tempus AI and more
Finance

Stocks making the biggest moves midday: Apple, Cleveland-Cliffs, Oracle, KLA, Tempus AI and more

Check out the companies making the biggest moves midday: Apple — The Tim Cook-led company climbed 4% after the iPhone 17 series outsold the iPhone 16 series in China and the U.S. in the first 10 days of availability, according to Counterpoint research, and Loop Capital upgraded the stock to buy from hold, citing better-than-expected […]

Read More
Stocks making the biggest moves premarket: Cleveland-Cliffs, Liberty Energy, Hologic & more
Finance

Stocks making the biggest moves premarket: Cleveland-Cliffs, Liberty Energy, Hologic & more

Check out the companies making headlines before the bell. Cleveland-Cliffs — Shares jumped 10.5% as the steel company posted its third-quarter results. Cleveland-Cliffs reported adjusted EBITDA of $143 million, topping a FactSet estimate of $127.9 million. The company also issued capital expenditures guidance of around $525 million for the year, less than a prior forecast […]

Read More