Consumer spending cooled in May as inflation crept higher, signaling new pressure on Americans' wallets amid President Donald ...

President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has “low IQ” and suggesting the list of potential replacements has been ...

The Federal Reserve’s preferred inflation gauge rose more than expected in May and the annual rate climbed further above central bankers' 2% goal, according to government data released Friday.