Wages have risen fast enough to overcome inflation in recent years. Even so, consumers are still vibing economic ennui.

President Donald Trump said in a Truth Social post Wednesday that he had a “lengthy and highly productive” phone call with ...

Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...

Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its ...

The cost of groceries, a major pain point for most households, is expected to have risen last month, driven higher by another ...

Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...

A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...

House Financial Services Committee Ranking Member Rep. Maxine Waters, a Democrat from California, urged Federal Reserve Chair ...

Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...

Also in today’s newsletter, PwC sheds 66 partners after China audit ban, and Israel threatens to resume war against Hamas ...

Powell defended the central bank’s independence from elected lawmakers’ desires. “Research over many, many years…shows that ...