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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...

Oil Export Surge & AI Job Cuts: Will Energy Security Overshadow Tech's Rebound Tonight?

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📅 May 07, 2026 · 09:16 AM EDT  |  Wall Street Daily Briefing Pre-Market Snapshot US equity futures are signaling a cautiously optimistic open, with modest gains across the board following a strong showing in Asian markets. This suggests underlying resilience, though European indices posted mixed results, reflecting ongoing global economic divergence. Investors will weigh this against critical headlines impacting energy security and the evolving AI-driven job landscape. As the US market prepares to open, S&P 500 Futures are up 0.10% at 7397.25, while NASDAQ Futures show a 0.06% gain to 28734.25. Dow Futures are leading with a 0.14% rise, reaching 50103.0, and the Russell 2000 Futures are marginally positive at 2895.4 (+0.01%). Overnight, Asian markets saw significant advances, with Japan's Nikkei 225 surging +5.58% to 62833.84, Hong Kong's Hang Seng climbing +1.57% to 26626.28, and Korea's KOSPI gaining +1.43% to 7490.05. E...

AI's Dual Edge: Coinbase Soars, PayPal Falters – What 2026 Investors Need to Know Tonight

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📅 May 05, 2026 · 09:14 AM EDT  |  Wall Street Daily Briefing Pre-Market Snapshot US equity futures are broadly positive this evening, signaling a constructive open driven by tech optimism, despite mixed performances across global markets. Asian indices saw varied results, with a notable surge in South Korea's KOSPI, while European bourses largely trended higher, setting a cautiously optimistic tone for the Wall Street session. As the US market prepares to open, equity futures painted a predominantly green picture. S&P 500 Futures advanced by 0.46% to 7263.75, while NASDAQ Futures led the charge, rising 0.75% to 27983.5, reflecting sustained investor appetite for growth and technology. Dow Futures also saw a respectable gain of 0.39% to 49272.0, and the Russell 2000 Futures were up 0.82% at 2827.7, indicating broader market strength. Across Asia, the Nikkei 225 closed up 0.38% at 59513.12, and the Shanghai Composite gained 0.11% t...