The Fed is in a holding pattern, awaiting more data, with December showing strong consumption but moderate inflation, suggesting disinflationary trends.
The Trump administration is set to impose tariffs on goods from Canada, Mexico and China on Saturday, placing pressure on three top U.S. trade partners while risking price increases for essential ...
Apple and other big U.S. companies reporting fatter profits than expected are helping Wall Street shave off its sharp losses from the start of the week on Friday. The S&P 500 was 0.7% higher in ...
(CNN)– The federal reserve’s preferred inflation gauge heated up again in the final month of 2024. The Personal Consumption Expenditures Price Index rose 2.6% year-over-year in December. That’s up ...
A former senior adviser to the Federal Reserve has been indicted for allegedly conspiring to pass confidential U.S. economic data to China, raising national security concerns over financial market ...
But the bigger employer benefit cost — about 8% of total compensation — is health insurance. And in 2024, the premiums your employer paid went up faster than most things, besides eggs. “So health care ...