Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US ...

Biden has battled inflation from the start, but critics say he helped fuel it with trillions of dollars in deficit spending ...

Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.

Annual inflation in the U.S. ticked up again last month, but the Federal Reserve is still widely expected to push forward ...

U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...

Median global inflation fell from 2.2 percent to 1.9 percent that year. In 2021 and 2022, consumer demand recovered far more rapidly than supply, which was limited by labor shortages, supply-chain ...

A recent survey shows small business owners are feeling more optimistic about the economy following the election.

It has been a year where people have experienced vastly differing fortunes. Leading economists say 2024's conditions centred on the impact of interest rates being used to tame inflation, and a "per ...

Pedestrians walk past a Nike store featuring a modern design and ... [+] mannequins displaying winter apparel on December 5, ...

Inflation in Venezuela for October of 2021 was 8.1%, for a YoY record of 1,258%, according to a report from the Venezuelan Observatory of Finance (OVF) released Monday. After Monday's data ...

Enter Powell’s failed bet: He and other Fed officials thought inflation would normalize shortly after picking up in mid-2021 as the US economy ascended from pandemic depths. That didn’t happen ...