U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress ...

US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

Despite strong job gains over the past year, hiring has diverged between larger and smaller US companies. Read more here.

A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...

Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...

“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

Cooling: U.S. labor cost growth cooled last quarter from a year earlier, reassuring Federal Reserve policymakers that wage pressures are gradually diminishing and no longer a key driver of inflation.

A chicken vaccination campaign would likely be cheaper for the Trump administration and, more importantly, better for ...

One great habit to fall into is tracking your spending with a budget. In 2024, a good 90% of Americans were following a ...

The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.