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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...
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HSI Dips 0.85%: Geopolitical Jitters Overshadow AI's Real Economy Pivot

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📅 May 08, 2026 · 03:39 AM EDT  |  Wall Street Daily Briefing Hong Kong Market Overview \n The Hang Seng Index closed down 0.85% at 26400.21 today, primarily driven by a sharp surge in Brent Crude prices following news of US-Iran exchanges. This geopolitical escalation exacerbated risk premiums across the board, particularly impacting traditional financial stocks and creating a cautious sentiment among investors. \n Hong Kong's Hang Seng Index retreated by 0.85% , settling at 26400.21 , as the session concluded. The Hang Seng Tech Index also saw a modest decline of 0.19% , reflecting broader market cautiousness rather than a sector-specific sell-off. Trading volume remained subdued at approximately HK$105 billion , roughly 15% below the 30-day average, signaling a lack of conviction. Declining stocks outnumbered advancers by a ratio of roughly 2:1 across the broader market, indicating widespread weakness. The news of rising Brent Cru...
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S&P 500 Dips 0.38%: Geopolitical Oil Surge Masks Deeper AI Cost Concerns on Wall Street

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📅 May 07, 2026 · 08:09 PM EDT  |  Wall Street Daily Briefing S&P 500 7,337.11 ▼ 0.38% NASDAQ 25,806.2 ▼ 0.13% Dow Jones 49,596.97 ▼ 0.63% VIX 17.08 ▼ 1.78% Market Overview — May 07, 2026 Yesterday, US stocks largely retreated, with the S&P 500 closing at 7337.11 , down 0.38%. The NASDAQ saw a modest 0.13% decline to 25806.2 , while the Dow Jones Industrial Average fell 0.63% to 49596.97. This broad weakness, particularly in small caps, signals cautious sentiment as investors weigh persistent macro uncertainties. On May 07, 2026, Wall Street experienced a broadly negative session, with major indices closing lower amidst cautious investor sentiment. The bellwether S&P 500 de...
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