Farmers have been dressing up in bear costumes to scare monkeys — and protect their crops. The farmers, based in the Indian state of Uttar Pradesh, began wearing the costumes while patrolling ...

Shelter prices were up 4.6 percent in December from a year earlier, the smallest 12-month increase in nearly three years. Services prices outside housing — a measure that Fed officials have ...

However, core CPI — which excludes food and energy and is more pivotal to Fed policymakers — came in at 3.2%, a notch down from the month before and slightly better than the 3.3% forecast.

"This latest inflation reading confirms a Fed rate cut skip at the January FOMC meeting," said EY chief economist Gregory Daco. The new print "won’t change expectations for a pause later this ...

While the chance of a hike this year is still put at zero by pricing of fed-funds futures, according to CME Group’s FedWatch, it is a topic of heavy discussion.

Still, there are some signs of progress in the Fed's inflation battle. Core CPI, or prices excluding the volatile energy and food costs, rose 3.2% on an annual basis, lower than the 3.3% rate ...

Economists had penciled in a 0.3% rise. Traders of interest-rate futures still see the Fed waiting until June to deliver a first rate cut, but are now pricing about even odds the central bank will ...

"I think on monetary policy decisions, the FOMC should be independent," Scott Bessent told the U.S. Senate Finance Committee, referring to the Fed's monetary policysetting panel, the Federal Open ...

And created the unconstitutional, unaccountable CFPB. The allegedly “independent” Fed and CFPB have now been so powerful and so unaccountable for so long? Their bureaucrats respond with anger ...

Any negative impacts of the Fed’s rate hikes during those years have been small for many consumers and companies, according to Torsten Slok, chief economist for New York-based asset manager ...

At restaurants, non-optional gratuities and service fees have cropped up more in recent years, The Wall Street Journal reported. That, according to the outlet, has prompted smaller tips from ...

Budget and Economic Planning Minister Senator Atiku Bagudu yesterday unveiled the Federal Government plans to raise N36.35 trillion this fiscal year. He listed the strengthening of revenue ...