The federal government is scaling back data collection used to calculate the inflation rate because of staff shortages.

The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring ...

As early signs emerge that tariffs will drive up prices, the US Federal Reserve (Fed) faces a crucial question: Will ...

Discover the key drivers behind the SA Top 40 Index’s recent surge and whether further gains could be on the horizon ...

U.S. PCE inflation is 2.1% in April, fueled by higher social benefits and wages. The data has led to the crypto market's ...

Asian stock markets were set for a downbeat start on Friday, with futures indicating declines across key regional bourses, ...

Trump Tells Powell Not Cutting Rates Is a Mistake in Oval Office Meeting By Michael Maloney ...

"With so many soft indicators pointing to a slump, modest confirmation of a slowdown from hard data should be enough to put [rate] cuts on the table," Standard Chartered's global head of G-10 FX ...

The u-turn in stocks come on the back on strong month of gains in May, when S&P 500 gained more than 6% gain, its best monthly performance since November 2023.

On Friday, the broad-based S&P 500 ended May with a more than 6% gain, its best monthly performance since November 2023. The tech-heavy Nasdaq Composite surged more than 9% and the blue chip Dow Jones ...

Personal Consumption Expenditures Price Index Expected at 2.2% Annual Rate Economic forecasts anticipate the personal consumption expenditures (PCE) price index to register a 2.2% annual rate for ...

Federal Reserve Governor Adriana Kugler said larger price increases related to President Donald Trump’s tariffs are likely, ...