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

WASHINGTON (AP) — U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and businesses struggling with higher costs and likely ...

The Republican-led Senate voted Wednesday to confirm former Democratic congresswoman Tulsi Gabbard as President Donald Trump’s director of national intelligence. Gabbard faced tough questions from ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

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

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 Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions.

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

The Federal Reserve chair testified before a Senate panel. “We do not need to be in a hurry to adjust” interest rates, he ...

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