Declining exports also weighed on the economy last quarter as severe shifts in U.S. trade policy disrupted commercial ...
NEW YORK: The dollar dropped on Friday and was on track to snap a four-session streak of gains after the US Supreme Court ...
Core PCE prices accelerated to a 3% annual increase in December, hitting their highest level since February in a clear sign ...
The 43-day government shutdown in the fall stymied U.S. gross domestic product growth in the fourth quarter, the Bureau of ...
A highly anticipated report released by the Commerce Department on Friday showed consumer prices in the U.S. increased by slightly ...
US stocks rose on Friday after the Supreme Court ruled that President Trump's most sweeping "Liberation Day" tariffs are ...
The Commerce Department released the PCE inflation report on Friday, which showed the Fed's favored inflation gauge remained elevated as consumers deal with price pressures.
The PCE price index increased 0.4% in December after rising 0.2% in November. PCE inflation increased 2.9% ⁠year-on-year ...
The core PCE price index was expected to increase 3% from a year ago in December. GDP was projected to rise at a 2.5% pace in ...
A key inflation gauge accelerated in December to the fastest pace in nearly a year, showing how prices are still rising more quickly than most Americans would prefer — and faster than the Federal ...
Key inflation metrics tracked by the Federal Reserve accelerated at the end of last year, underscoring why many Fed officials ...