The Fed last week held its benchmark policy rate in the 5.25%-5.50% range, where it has been since last July, to keep continued pressure on the...
A price gouging law passed last year by California could send gas prices skyrocketing in the neighboring state of Nevada. The law, which went into effect...
Supercharged returns and the promise of AI have drawn investors—and meme-stock speculators—to equity markets in recent years. But it’s been a very different story for the...
(Bloomberg) — Federal Reserve officials penciled in just one interest-rate cut this year and forecast more reductions for 2025, reinforcing policymakers’ calls to keep borrowing costs...
A steep decline in gasoline prices helped drive the inflation rate in the U.S. down this past month, according to data from the Bureau of Labor...
The number of new unemployment claims climbed again last week, hitting a 10-month high of 242,000. It’s another sign of what Federal Reserve Chair Jerome Powell...
As consumers turn to secondhand shopping options to manage their budgets amid inflation, millennials are leading the way. By the Numbers For the January edition of...
New forecasts released after this week’s two-day meeting indicated slight optimism that inflation remains on track to head back to the Fed’s 2% goal, allowing for...
Annual inflation rate cools to 3.3% but remains well above Federal Reserve’s target The government has released new inflation data showing a slight cooling of the...
Social Security COLA increases as inflation pressure mounts A look into Social Security’s adjustments to inflation, including the rise of the cost-of-living adjustment (COLA) to 3%...
The annual inflation rate appears stuck above 3% as another reading Wednesday showed. That’s more than a full percentage point above where Fed officials want to...
Economists surveyed by Dow Jones had been looking for a 0.1% monthly gain and a 3.4% annual rate. Excluding volatile food and energy prices, core CPI...