The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but ...
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results ...
The US economy expanded at a solid pace at the end of 2024, fueled by a generous tailwind from consumer spending that more than offset drags from a strike at Boeing Co. and much leaner inventory ...
The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.3% annual rate from October through December. For the full year, ...
Unemployment also rose from 2.3% to 3.2% in Jackson County and from 3% to 4.6% in Jennings County over the same period.
U.S. Treasury yields were unchanged on Friday as investors parsed the latest inflation reading as well as other economic data. The 10-year Treasury yield was marginally lower at 4.51%, and the 2-year ...
Consumer spending fueled growth, despite ongoing fears about inflation.
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...