The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more ...
Stubborn inflation, tax rises and high interest rates make it difficult for many to muster optimism, at least in the short ...
The Federal Reserve cut interest rates by a quarter point, its third reduction this year, but suggested only two more ...
Costs have soared again amid a bird flu outbreak, bringing renewed attention to the fact that while inflation is cooling, ...
President-elect Donald J. Trump is expected to roll back many of the rules and subsidies that have attracted billions of ...
Jerome Powell, the Fed chair, said that the central bank cut rates after each of its last three meetings because inflation ...
Rate cuts, stock surges, and Trump’s tariff threats are among the biggest forces shaping business and the economy.
In an internal letter, the company said inflation and changes in consumer spending had forced it to shut its more than 700 ...
Total spending from Nov. 1 through Dec. 24 rose 3.8 percent, data released by Mastercard SpendingPulse showed.
Central bankers are alert to the risk that global trade tensions will make managing inflation more challenging.
Wall Street sees the central bank cutting interest rates on Wednesday. But growing worries about inflation are adding to ...