This week’s Consumer Price Index release showed the largest single-month increase in inflation since August 2023.
If costs are going up because consumers feel confident enough to finance big ticket items, Sarah House at Wells Fargo says that’s a good sign.
Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on ...
The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective ...
President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the ...
The Federal Reserve plays a pivotal role in shaping the U.S. economy. Understanding its influence on interest rates, ...
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have ...
U.S. inflation accelerated last month, unwelcome news that make lower interest rates less likely any time soon.
The legal showdowns over President Donald Trump’s removals could ultimately end with expanded executive branch power, legal ...
Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...
Higher inflation readings left Fed officials telling lawmakers, business executives and the public that they may be waiting ...
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...