U.S. personal income and consumption both rose in February, the Commerce Department said Friday. But the Fed's preferred metric for core inflation increased farther above the central bank's target.

Consumer spending was weaker than expected again in February while a key inflation metric picked up, in a double whammy for the economy before the brunt of tariffs. Inflation-adjusted consumer ...

(Bloomberg) — Consumer spending was weaker than expected again in February while a key inflation metric picked up, in a double whammy for the economy before the brunt of tariffs. Inflation-adjusted ...