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What is the Consumer Price Index (CPI)?

What is the Consumer Price Index(CPI)? The Consumer Price Index (CPI) is a measure of the change in prices paid by consumers for a basket of goods and services. It is one of the most widely followed economic indicators, and it is used by investors to gauge inflation and make investment decisions. How is the CPI calculated? The CPI is calculated by the Bureau of Labor Statistics (BLS). The BLS surveys households across the United States to collect data on the prices they pay for goods and services. This data is then used to create a "basket" of goods and services that represents the spending habits of the average American household. The BLS calculates the CPI by comparing the prices in the basket of goods and services in a given month to the prices in the same basket of goods and services in a base year. The base year is usually 2000. How does the CPI affect investing? The CPI is an important indicator of inflation. When the CPI rises, it means that the cost of living is incre...

Temu Owner's Shares Rise Amid Tumbling Profits — Here's What It Means for Tech

Photo by Leonardo Lyles on Unsplash 📅 August 24, 2026 · 09:10 AM EDT  |  Wall Street Daily Briefing Pre-Market Snapshot US equity futures are broadly lower, with tech-heavy NASDAQ leading the decline, while Asian markets saw significant sell-offs, particularly in Korea and Hong Kong. This collective data suggests a cautious, risk-off sentiment for tonight's US open, driven by persistent concerns over elevated bond yields and global economic stability. US equity futures are pointing to a subdued open after a challenging Asian session. S&P 500 futures are currently at 7678.25 , down 0.17% , while NASDAQ futures lead the downside, falling 0.61% to 29208.75 . Dow futures registered a 0.11% decline, standing at 53295.0 . Across Asia, the Nikkei 225 closed down 0.74% at 65528.09 , and the Hang Seng experienced a steeper drop of 1.89% to 25517.33 . The KOSPI in Korea saw the most significant regional decline, plunging 3.12% to 6696.96...