Personal consumption expenditures, the Federal Reserve's preferred marker of inflation, fell for the first time in six years ...

GDP grew by 1.5 percent in the second quarter following a 2.1 percent increase in the first quarter.

Elevated inflation partly reflects supply shocks that that have increased prices, including of energy, the Fed said.

The Federal Reserve left its benchmark interest rate unchanged Wednesday. Fed policymakers say they remain committed to ...

U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also slowed more than expected. Consumer prices ...

AI-driven spending is boosting demand, adding to inflation concerns and fueling debate over whether the Federal Reserve may ...

As of September 2024, Arizona experienced a 22.1 percent increase in prices of goods and services since January 2021, surpassing the national average of 20.5 percent, according to data from the United ...

Stay up to date with our Up First newsletter, sent every weekday morning. Soaring gasoline prices, triggered by the U.S. war with Iran, have pushed inflation to its highest level in more than three ...

The US has the most technologically powerful economy in the world, with a per capita GDP of $59,500. US firms are at or near ...