The BEA's Personal Income and Outlays report showed inflation remained elevated at the start of 2025. Read more here.
The inflation measure released on Friday (the PCE price index favored by the Fed as a yardstick for its inflation target) ...
Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...
Federal employees received a second email from the U.S. Office of Personnel Management asking them to list their ...
Consumer spending, the primary driver of the U.S. economy, saw its biggest drop in four years despite a slight rise in personal income.
The latest inflation and spending data from Friday’s personal consumption expenditures report point to “a worrisome monetary policy conundrum” for the Federal Reserve, according to Olu Sonola, the ...
The latest look at U.S. inflation is unlikely to ease the worries on Wall Street, but it probably won’t add to the jitters.
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of six major currencies, remains firm ...
A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.
A FedEx cargo plane made an emergency landing back to Newark Liberty International Airport in New Jersey on Saturday morning ...
The U.S. Bureau of Economic Analysis reported a rise in personal income for January, while personal outlays and consumption ...
Inflation is still a sore spot for the U.S. economy, but at least it didn’t get much worse at the start of the year.