Inflation has been top of mind in recent years. Most of Wall Street follows the CPI but the Fed favors the PCE. Here's why.
Legislation to fund much of the US government appears to be in peril this week, with odds spiking that another partial government shutdown will strike Friday at midnight.
Inflation is drifting higher again in the Federal Reserve's preferred yardstick, complicating hopes that price pressures were gliding smoothly back to target. The personal consumption expenditures ...
Major stock indexes closed sharply higher for a second straight session Thursday after President Donald Trump reduced tensions with European allies by backing off his threat of imposing new tariffs ...
Futures are trading lower as we prepare to wrap up a rollercoaster week marked by huge market swings. Still, ultimately, ...
Robust US growth and rising consumer spending fuel a bullish 3–6 month stock market outlook despite stagnant labor/housing. Read what investors need to know.
Big technology news last night: TikTok announced it officially formed a joint venture that will keep it operating in the U.S.
U.S. consumer spending rose 0.5% in November, keeping economic growth strong as GDP surges and inflation data is distorted by ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in November. This was consistent with ...
In our news wrap Thursday, Donald Trump is suing JPMorgan Chase and CEO Jamie Dimon for $5 billion, saying the company closed ...
Producers of metals and other raw materials rose as a precious-metals rally continued. Gold futures, which have gathered momentum for months amid geopolitical uncertainty and central-bank rate cuts, ...
Consumers continued to ramp up their spending as the holiday shopping season kicked into high gear in November, but inflation continued to bite, new data showed Thursday.