President Donald Trump chose from his most loyal supporters when he created his Cabinet and appointed others to key roles within his administration.
The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.
“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 ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an ...
The number of Americans filing for jobless benefits fell last week in a sign that the labor market remains strong.
If economists are professionals who are paid to make incorrect guesses, as the old joke goes, then they’re certainly earning ...
A placid day in markets turned volatile before the close Thursday as President Donald Trump’s vow to slap 25% tariffs on Mexico and Canada sent currencies of both countries tumbling. Stocks buckled ...