Inflation ticks higher, upping shopping season pressure
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
PCE Inflation Report: October Price Growth Remained Stubborn
The Bureau of Economic Analysis releases the latest reading of its personal consumption expenditures price index on Wednesday ...
Trump’s tariffs in his first term did little to alter the economy, but this time could be different
The data show tariffs never fully delivered on Trump’s promised factory jobs. Nor did they provoke the avalanche of inflation ...
Oil steady after surprise rise in US gasoline stocks
Oil prices were little changed on Wednesday, pressured by a large surprise build in U.S. gasoline stocks and worries about ...
Fed poised to cut overnight facility rate in December: Barclays
A popular parking spot for cash during the pandemic could offer investors a lower rate come December. That's Joseph Abate, a rates strategist at Barclays, responding to minutes of the Federal ...
US inflation gauge ticks higher with price pressures remaining stubborn
Inflation has fallen sharply since it peaked at 7% in mid-2022, according to the Fed’s preferred measure. Yet yearly core ...
Stock Market Today: Tech Earnings Weigh on Nasdaq; Dow Edges Lower
Live updates on stocks and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
US economy holds firm in early Q4; inflation stuck above Fed's target
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid growth momentum early in the fourth quarter, but progress on lowering ...
US economy grows at 2.8% pace in third quarter on consumer spending
WASHINGTON (AP) — The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer ...