After years of high inflation that has put increased strain on school budgets across the state, some lawmakers are weighing how they can fix the issue. A new bill filed by state Senator Jason ...

The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.

WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower rates again in the near term amid uncertainty spawned by inflation and P ...

The Consumer Price Index report for January is expected to show broadly unchanged annual inflation compared to December, according to nowcasts. The CPI release is scheduled for February 12.

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...

US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.

ASBURY PARK -- Four former supervisors at the Asbury Park School District are suing the school board and their former employer, alleging they were subjected to a hostile work environment and laid ...

The Fed also appeared to toughen its assessment of inflation, saying that it “remains somewhat elevated.” Both a healthier job market and more stubborn inflation typically would imply fewer ...

Spencer Platt / Getty Images Inflation is set to run above the Federal Reserve's 2% annual target for a fifth year if projections for 2025 hold true. High inflation has roiled the economy and ...