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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...

Hong Kong's Hang Seng Rises 1.05% as KOSPI Surges 5.89% on Tech Optimism

Photo by krzhck on Unsplash 📅 August 20, 2026 · 03:37 AM EDT  |  Wall Street Daily Briefing Hong Kong Market Overview Hang Seng Index finished up 1.05% at 25762.24, primarily driven by a rebound in technology shares, especially those tied to the AI infrastructure buildout. This positive momentum contrasted with a slight dip in financials, hinting at a selective rotation of capital within the region's equity landscape today. Hong Kong's Hang Seng Index (HSI) closed at 25762.24 , marking a respectable +1.05% gain for the session, buoyed by a broad uptick across regional markets. The Hang Seng Tech Index also advanced by 1.06% , tracking the global enthusiasm for AI-related plays, despite a lack of specific local catalysts. Trading volume was moderate, registering around 98 billion HKD , which tracks with the 30-day average, rather than a surge. Market breadth was positive, with 302 advancers against 185 decliners among HSI constitu...