The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that ...

Surging stock prices have fueled consumer spending, which has boosted economic growth. A market selloff could put a lid on consumption..

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%.

Friday's price report — the Fed's preferred measure — suggests inflation remained sticky at the end of the year, offering a ...

VZ has provided FY 2025 guidance, projecting a 2-2.8% YoY growth in total wireless service revenues and 2-3.5% adj. EBITDA ...

As part of an agreement with Amazon, UPS said it said would cut the volume of Amazon deliveries it transports by more than 50 ...

After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...

Federal Reserve Chairman Jerome Powell will address the decision to maintain the FFTR at 4.25%–4.5% following the January ...

Boeing Co, Northrop Grumman Corporation, Lockheed Martin Corporation, MetLife Inc. Read Albert Anthony's latest article on ...