Inflation has worsened since the US and Israel attacked Iran, sending energy prices spiralling.
The US Dollar (USD) clings to previous day’s gains on Thursday, driven by a sticky United States (US) Personal Consumption Expenditure (PCE) Price Index report for July.
Be careful what you wish for. In reviving the Federal Reserve's (Fed) long-dormant money-supply debate, chairman Kevin Warsh ...
The case for a Federal Reserve interest-rate hike gained a little steam on Wednesday after a government report showed ...
The annual rate of inflation began to accelerate again in July after slowing in June, the U.S. Bureau of Labor Statistics reported on Wednesday.
Wells Fargo Economics, led by Tom Porcelli and colleagues, expects July consumer spending to rise modestly, with nominal ...
Wall Street stocks finished lower Wednesday after US inflation came in steady but elevated as markets traded cautiously ahead ...
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 ...
US inflation remains high as energy costs surge 15% in July 2026. Crude oil reaching a new all-time high by December 31 at 11 ...