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Economists warned that a barrage of new U.S. tariffs could trigger a renewed bout of inflation. So why aren't prices surging?
The stars and stripes may fly high on the Fourth of July, but most Americans say they're feeling financially grounded in 2025.WalletHub conducted a survey, along with compiling facts and figures, ...
A key concern for markets would center around the potential impact of the developments in the Middle East on oil prices and thus on inflation.
At the same time, the rate of inflation—2.7% annually—is significantly higher than the Federal Reserve’s 2% target, making it unlikely rate cuts are coming anytime soon.
What is the U.S. inflation rate? Will the Federal Reserve cut interest rates? What did President Trump say about Fed Chairman Jerome Powell?
A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back on their spending.
New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.
A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back on their spending.
The US economic engine sputtered in May: Consumer spending declined for the first time since January, according to new data released Friday that also showed inflation heated up on an annual basis.
US consumer sentiment rose sharply in June to a four-month high and inflation expectations improved notably as concerns eased about the economic outlook and personal finances.
Prices rose faster in May than forecasters had anticipated, and consumers unexpectedly lost income and pulled back on spending.
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.