economy
What is CPI (Consumer Price Index)?
The Consumer Price Index measures the change in prices of a basket of goods and services that households buy, from food and rent to gasoline. The Bureau of Labor Statistics publishes it monthly. The change in the index over the past year is the headline inflation rate most people hear about.
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Chip stocks slide on Chinese memory design progress
Applied Materials led the drop while broad index funds held up. JPMorgan fell on a profit miss.