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.

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 ...

Inflation impacts nearly everything you pay for, from food and rent to monthly bills.There are two primary ways inflation is ...

This is due to inflationary pressures lingering and signs of stabilisation in the labour market Read more at The Business Times.

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 ...

While another stress area for Jerome Powell—the labor market—has visibly eased a bit of stress, as the US Department of Labor ...

The 43-day government shutdown may feel like ancient history, but it's still skewing key economic data and making life ...

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in November. This was consistent with ...

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.