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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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Hang Seng Climbs 0.72%: Is Asia's AI Infrastructure Push Masking Deeper Ghost GDP Risks?

📅 May 29, 2026 · 03:37 AM EDT  |  Wall Street Daily Briefing Hong Kong Market Overview The Hang Seng Index closed up 0.72% at 25186.67 today, largely driven by a regional tech uplift and selective strength in mainland-linked sectors. This modest gain contrasts with broader Asian rallies, suggesting Hong Kong investors remain cautiously optimistic, balancing global AI momentum against domestic economic realities and geopolitical uncertainties. Hong Kong's Hang Seng Index (HSI) registered a modest climb today, closing at 25186.67 , up 0.72% . This performance, while positive, lagged the significant surges seen elsewhere in Asia. The iShares Hang Seng Tech Index, notably, closed flat at +0.00% , indicating that while global tech narratives like the "Dell stock soars" headline (MarketWatch) are influential, their direct translation into Hong Kong's tech giants remains tempered. Trading volume was around HKD 115 billion, appearing ...
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Wall Street Climbs: S&P 500 Up 0.58% as Tech Surges, But Geopolitical Clouds Hint at Real Economy Shifts

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📅 May 28, 2026 · 08:09 PM EDT  |  Wall Street Daily Briefing S&P 500 7,563.63 ▲ 0.58% NASDAQ 26,917.47 ▲ 0.91% Dow Jones 50,668.97 ▲ 0.05% VIX 15.74 ▼ 3.38% Market Overview — May 28, 2026 US stocks closed higher on May 28, 2026, with the S&P 500 rising 0.58% to 7563.63, the NASDAQ advancing 0.91% to 26917.47, and the Dow Jones showing a modest gain of 0.05% to 50668.97. This broad-based rally, albeit moderate for the Dow, suggested renewed investor confidence in growth sectors, despite underlying macro uncertainties. The VIX eased, signaling reduced immediate market anxiety. Yesterday, Wall Street saw a generally positive session, with major indices closing in the green. The ...
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