US retail sales rise 0.1% in May from April as inflation and high interest rates curb spending.
The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down ...
The US Federal Reserve has held interest rates in a target range between 5.25% and 5.5%, a 23-year high, as the world’s largest economy continues to fight stubbornly elevated inflation, Andrew ...
Core inflation, which strips out more volatile items like food and energy prices, also slowed despite rents continuing to ...
If the Bank of England’s decision on Thursday to leave interest rates unchanged is a guide, the outlook for the start date ...
The US Federal Reserve kept interest rates steady as expected Wednesday, and suggested it could cut rates just once before ...
Sales at U.S. retailers barely rose in May, suggesting Americans are feeling the weight of lingering inflation and high ...
US retail sales showed minimal growth due to ongoing high inflation and interest rates. The rise was below expectations, with ...
Today, home building slowed in May and Federal Reserve officials will continue to analyze incoming economic data.
From OpenAI co-founder Ilya Sutskever starting another AI firm to Nvidia shares falling causing Microsoft to become the world ...
Sales of previously occupied U.S. homes fell in May for the third straight month as rising mortgage rates and record-high ...
The Bank of England has declined to cut interest rates from their 16-year high – despite inflation finally falling to meet ...