Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.
The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq ...
Quarter 2024 Earnings Call. All lines have been placed on-mute to prevent any background noise. After the speakers' remarks, ...
The Fed holds rates steady … Trump tariffs are the big unknown today … more DeepSeek analysis from Louis Navellier … good ...
After three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it ...
Minimum wage laws in the U.S. mean incomes vary significantly based on local laws and cost of living, but fast food workers ...
The Florida Realtors year-end report showed a 10.5% drop in condo sales following increased special assessment and hiked ...