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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...

AI's 'Big Surprise' Meets Market Caution: Can Tech Hype Outrun Real Economy Risks Tonight?

📅 June 30, 2026 · 09:18 AM EDT  |  Wall Street Daily Briefing Pre-Market Snapshot US equity futures are signaling a cautious open tonight, with major indices ticking slightly lower despite a mixed global picture. Asian markets delivered varied performance, while European bourses largely trended positive. This modest retreat in futures suggests investors are pausing to digest recent gains and upcoming catalysts, potentially reflecting underlying anxieties ahead of the US session. As the US market prepares to open, S&P 500 futures are trading at 7495.0 , down 0.07%, while NASDAQ futures indicate a 0.13% decline to 30013.0 . Dow futures eased 0.09% to 52523.0, and the Russell 2000 futures saw a more pronounced dip of 0.19% to 3024.9. Earlier today, Asian markets showed divergence: Japan's Nikkei 225 surged 0.86% to 70062.32 , and South Korea's KOSPI climbed 0.97% to 8476.48, but Hong Kong's Hang Seng fell 0.63% to 22881.02. Europea...