U.S. consumers expect inflation to increase over the next 12 months and beyond, likely reflecting concerns that broad tariffs ...
A hot December jobs report, combined with a murky inflation outlook for 2025, has some economists debating if the Federal Reserve may need to hike interest rates again.
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...
Analysis of US economy in 2024: strong job market but Fed may hold off on rate cuts due to inflation; positive outlook for ...
The Dow Jones Industrial Average ( ^DJI) sank about 1.6%, or close to 700 points, while the S&P 500 ( ^GSPC) also fell 1.5%.
The Commerce Department releases its monthly snapshot of U.S. retail sales on Thursday. Analysts forecast that retail sales ...
The average American worker's pay increased at about the same rate as inflation in December, but pop the hood and you'll find some workers fared better than others.
Food prices, which account for nearly half of the consumer price index basket, have been a major contributor to inflation in ...
The Federal Reserve might be unable to lower its benchmark lending rate until late in the autumn, market-derived data ...
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut ...
In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job ...
Total non-farm payroll employment increased by 256,000 positions in December as average unemployment across the country came ...