The Institute for Supply Management releases its latest report on the U.S. service sector on Wednesday. Economists forecast the monthly index edged lower in January, following a jump in December. The ...

U.S. Inflation gauge rises as Trump's tariff threats loom, potentially pushing prices higher in coming months.

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

Friday’s report from the Commerce Department showed that consumer prices rose 2.6% in December from a year earlier, up from a ...

Initial filings for unemployment benefits in Texas dropped last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, fell to 14,238 ...

U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress lowering inflation stalled at the end of 2024. The employment cost index (ECI) ...

“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to ...

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...

Americans are not as confident of the economy as they were a few months back. Markets have been volatile from the beginning of this year as inflation has been showing signs of climbing again, ...

Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...