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 ...

The number of Americans filing for jobless benefits fell last week in a sign that the labor market remains strong.