A hot December jobs report, combined with a murky inflation outlook for 2025, has some economists debating if the Federal Reserve may need to hike interest rates again.
U.S. consumers expect inflation to increase over the next 12 months and beyond, likely reflecting concerns that broad tariffs ...
The Dow Jones Industrial Average ( ^DJI) sank about 1.6%, or close to 700 points, while the S&P 500 ( ^GSPC) also fell 1.5%.
Food prices, which account for nearly half of the consumer price index basket, have been a major contributor to inflation in ...
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...
The Commerce Department releases its monthly snapshot of U.S. retail sales on Thursday. Analysts forecast that retail sales ...
The average American worker's pay increased at about the same rate as inflation in December, but pop the hood and you'll find some workers fared better than others.
The Federal Reserve might be unable to lower its benchmark lending rate until late in the autumn, market-derived data ...
The US central bank voted 11-to-1 in favor of cutting rates by a quarter of a percentage point at the meeting on December 17 ...
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut ...
The prices of commodities rose while the purchasing power of the people dived, the Philippine Statistics Authority (PSA) here ...
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 ...