Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.
Egg prices are already high, but officials say they are only going to go up more in 2025. Here's how much you could pay and ...
New White House Press Secretary Karoline Leavitt urged members of Congress to confirm Trump's nominees to address problems ...
The Consumer Price Index shows egg prices are up 36.8% from this time last year. The average price of a dozen Grade A large ...
President Donald Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to flesh out his plans for taxing Chinese imports.
Microsoft is adding artificial intelligence tools to its consumer Microsoft 365 bundle and bumping up the price in the U.S. for the first time since introducing subscriptions 12 years ago.
U.S. consumer prices rose in December due to higher energy costs, leading to the highest inflation in nine months. However, underlying price pressures showed signs of subsiding, raising hopes of ...
The consumer price index rose 0.4% last month, the largest gain since March, after climbing 0.3% in November, the Labor Department's Bureau of Labor Statistics said. A 2.6% jump in the cost of ...