The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
The Labor Department released the February 2026 consumer price index (CPI), which showed that inflation remained elevated ...
Oil prices jumped Tuesday for the second straight day and gas prices moved higher in the United States, underscoring the ...
Wage growth is finally outrunning inflation, and that shift is quietly rewiring the outlook for the United States economy. With prices cooling, paychecks stretching further, and growth already ...
Add Yahoo as a preferred source to see more of our stories on Google. White House economist Kevin Hassett thinks the U.S. economy is going gangbusters, but millions of Americans aren't seeing it.
The conflict raging in the Middle East will test the resilience of a global economy that has already contended with wars and trade disruptions over the past year.
The European Central Bank has kept interest rates unchanged, saying inflation is on track to return to its 2% target even as global trade tensions and geopolitical risks cloud the outlook. The ...
Inflation cooled more than expected in January, capping a week of promising economic data, easing pressure on the White House, which has faced political criticism about the economy. Friday’s consumer ...
The last time inflation was low and largely invisible was in 2021. The Fed hasn't hit its 2% target since then. The last time U.S. inflation was below 2%, Tom Brady was the reigning Super Bowl MVP as ...
For months, the region has been encouraged by low inflation and better-than-expected economic growth. A disruption to energy supplies from the Middle East could knock it off course.
UK growth remains weak and is under further pressure as the Middle East conflict brings the threat of a fresh wave of energy-led inflation.
White House economist Kevin Hassett thinks the U.S. economy is going gangbusters, but millions of Americans aren't seeing it. (Alex Brandon / Associated Press) The federal government's monthly ...