While the Federal Reserve faces a longer road to get inflation down to 2%, a holiday season inflation gauge is well above the dual mandate target.
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. Friday’s report from the Commerce ...
The Dow Jones Industrial Average rose 498.82 points, or 1.18%, to 42,841.06, the S&P 500 gained 63.82 points, or 1.09%, to 5,930.90 and the Nasdaq Composite gained 199.83 points, or 1.03%, to ...
The US dollar fell from a two-year peak. It was still set for a third weekly rise. Inflation slowed. The Federal Reserve cut ...
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures ...
Stocks signaled another rough day of trading on Friday after the House of Representatives voted against a Trump-backed ...
Inflation in the U.S. showed signs of cooling in November as price increases slowed sharply after two months of gains.
The core personal consumption expenditures price index, the Federal Reserve’s preferred inflation measure, showed a 0.1% ...
The PCE price index was up 0.1% in November and 2.4% from a year earlier. Economists expected a 0.2% monthly rise and 2.5% ...
Treasury yields were trading lower Friday morning, after fresh data showed U.S. inflation in November rose slightly less than Wall Street expected. The yield on the 10-year Treasury note was down ...
President-elect Trump encouraged Republicans in Texas to consider a primary challenge to Rep. Chip Roy (R-Texas) on Thursday ...
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...