President-elect Donald Trump wants to increase oil and gas production and roll back the Inflation Reduction Act.
U.S. retail sales rose last month at a healthy pace in the latest sign that consumer spending is driving the economy’s steady growth. Retail purchases rose 0.4% from September to October, a solid ...
The economy of the European Union is headed for only modest growth in coming months as consumers regain some of ...
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months. Powell said more ...
Inflation remains substantially lower than it did during its 2022 peak — but Americans are still frustrated with high prices.
Powell, a Republican with a background in private equity ... amid a slowing labor market and cooling inflation. Policymakers ...
WASHINGTON (AP) — Annual inflation may have risen in October for the first time in seven months, a sign that price increases might be leveling off after steadily cooling for more than two years.
When many were celebrating the remarkable economic recovery from the pandemic in the spring of 2021, Larry Summers warned the White House and the rest of Washington that inflation was a real danger.
Highlighting the weak background in China, data out over the weekend showed consumer prices rose at the slowest pace in four ...
Asian stocks fell on Monday, led by a more than 2% drop in Hong Kong’s Hang Seng index, as China’s stimulus package disappointed investor expectations. China on Friday approved a 6 trillion yuan ($839 ...
The dollar edged higher on Monday as markets braced for U.S. inflation data and a throng of Federal Reserve speakers this ...