U.S. consumer spending increased marginally in April, with households opting to boost savings amid mounting economic uncertainty because of a constantly changing tariff landscape.

Investors are winding down a volatile but winning week as President Trump’s trade war continues with China in the crosshairs, Elon Musk officially ends DOGE duties, U.S. Steel, Nippon Steel deal proceeds.

Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, Stifel's top economist said.

San Francisco Federal Reserve Bank President Mary Daly said on Friday cooling inflation offers "relief" for Americans suffering from high prices, but that there are risks of higher inflation ahead.

The cost of living barely rose in April — and the rate of inflation slowed even closer to prepandemic levels — but it’s unclear whether the recent progress can be sustained as the trade wars drag on.

A recent survey from Schroders showed the degree to which inflation is weighing on the minds of retired Americans.

Wall Street inched toward tiny losses early Friday as markets digested a the government’s latest inflation data.

Vincent Reinhart, BNY Investments chief economist, joins 'Money Movers' to discuss PCE data, the Fed and inflation impact on rate cuts.