With prices on the rise and higher than expected, the chances that the U.S. Federal Reserve will cut rates more than once or at all in 2025 are dimming.
It’s true that brands like Aritzia, Lululemon, Shein, and SSSense hail from countries that are being targeted by the Trump tariffs that he announced earlier this month. But does that mean we’ll be ...
Atlanta Federal Reserve President Raphael Bostic reportedly said on Wednesday that it is unclear when the central bank can ...
An increase in housing-related costs is the primary driver behind jump to 3% inflation as skyrocketing egg prices push up ...
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
Bank of America CEO Brian Moynihan has reportedly said the Federal Reserve is unlikely to cut rates this year as consumer ...
CNBC anchors Becky Quick and Joe Kernen were alarmed as stock futures "tanked" on worse-than-expected CPI in the January ...
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
Consumer price index (CPI) rose 0.5% on a seasonally adjusted basis in January while the annual inflation rate rose 3%, ...
Data from the CNBC/NRF Retail Monitor shows online sales saw the highest growth, while health and personal care stores had ...
Two top officials in the U.S. Consumer Financial Protection Bureau resigned Tuesday as the Trump administration takes aim the ...
Traders were on guard after Federal Reserve Chair Jerome Powell said on Tuesday that the central bank is in no hurry to lower ...