Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the economy — consumer spending — isn’t sustainable.

Could CD interest rates decline again this month? Here's what savers should consider before the January Fed meeting.

President Donald Trump said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.

Bolivia's inflation hit 9.97 percent by December 2024, the highest since 2008, media reports said, as the country was wracked ...

Sri Lanka's cost of living will rise to the 5 to 7 percent target, in the second half of 2025, the central bank has said, ...

On immigration, Biden and Trump run to opposite extremes. Biden reversed virtually all of Trump's tough border policies and the resulting rush of illegal immigrants is a matter of public record. But ...

Lawmakers on Capitol Hill are set to question Scott Bessent’s stance on taxes, tariffs, trade, and other issues during his ...

The Fed controls the federal funds rate, which is a very short-term interest rate that dictates what banks charge each other ...

Better-than-expected Core CPI for December led to a sharp fall in US Treasury yields as stocks gained premarket, boosted by ...

The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...