Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.

Americans’ inflation expectations have surged to 4.3%, marking one of the sharpest three-month increases since 1979, according to new data that has economists concerned about price stability. The ...

Investors are waiting for the release of the Federal Reserve's preferred inflation gauge as they eye Trump’s latest trade ...

The Australian dollar sell-off suggests that while we may be slowly digging our way out of the cost-of-living crisis, global ...

WASHINGTON >> U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded imports to avoid tariffs, ...

The latest inflation and spending data from Friday’s personal consumption expenditures report point to “a worrisome monetary policy conundrum” for the Federal Reserve, according to Olu Sonola, the ...

The U.S. dollar edged lower on Friday following two straight days of gains, after a reading on inflation was largely as ...

U.S. stocks climbed on Friday after the latest inflation report aligned with forecasts, offering some relief to investors at ...

Donald Trump and Keir Starmer met in Washington, raising hopes the UK could escape tariffs the US has threatened on others.

Interest rate futures moved sharply in response, raising the expectations of a Fed rate cut although the first is still not expected until June. The market path of US interest rates is now in line ...

The US Bureau of Economic Analysis will release the January PCE Price Index at 7:00 PM today, a key inflation gauge that ...