News

The personal-consumption-expenditures price index rose by 2.3% in the 12 months through March, the Commerce Department said Wednesday, the coolest reading since last fall. Excluding highly ...
The headline index was up 2.3% year-over-year, as expected.
The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.
U.S. stocks closed at an all-time high to end the trading week, another milestone in the market's remarkable recovery from a springtime plunge caused by fears that ...
New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s tariffs.
WASHINGTON, June 27 (Reuters) - U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of ...
The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.
Economists at the Fed and in the private sector had expected that inflation would accelerate thanks to the tariffs imposed by President Donald Trump.
A decelerating economy is driving down personal income and spending in the U.S., reports RSM US LLP Chief Economist Joseph Brusuelas. “… [A] slowing economy results in big drop in income and inflation ...
The FTSE 100 , US and European stocks rose on Friday afternoon, following news that the US had finalised a trade agreement ...