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 ...

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 ...

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.

U.S. consumer spending increased solidly in November and October as households stepped up purchases of a range of goods and ...

The Federal Reserve’s preferred gauge for inflation in October and November was released belatedly after the government ...

The personal consumption expenditures inflation report was released on Thursday and contains data for both October and November.

U.S. consumer spending increased solidly in November and October, likely keeping the economy on track for a third straight ...