The Federal Reserve on Wednesday released the minutes from the central bank's monetary policy meeting last month, which showed that while policymakers anticipate further interest rate cuts, they ...

Stablecoins are now everyday tools for savings, payments and trade in Nairobi and Lagos. Inflation, FX swings and high remittance costs drive adoption. Mobile money links make stablecoins feel ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...

Annual inflation accelerated in the eurozone last month, cementing expectations that the European Central Bank will leave its key interest rate unchanged for what is left of this year. Consumer prices ...

LOS ANGELES (AP) — If it seems like its getting more expensive to replace a broken door, kitchen fixtures or upgrade a major appliance, you’re not wrong. The cost of home repair and remodeling ...

“I’ll never stop fighting to help your family address the rising cost of living,” New York Gov. Kathy Hochul said in a statement Toria Sheffield joined the PEOPLE editorial staff in 2024. Her work as ...

The checks are intended to “provide relief to New Yorkers who have paid increased sales taxes due to inflation” in the 2023 tax year — though not all residents are eligible New York state has started ...

Millions of New Yorkers will soon find state-issued “inflation refund” checks in their mailboxes — but don’t expect the same thing to happen in Texas. New York began sending one-time payments of up to ...

More than 8 million New York households are being sent inflation refund checks for the first time ever. On Friday, Sept. 26, Governor Kathy Hochul announced that inflation refund checks for up to $400 ...

The core personal consumption expenditures (PCE) price index, the Federal Reserve's preferred measure of inflation, rose slightly in August, in line with economists' expectations. Inflation yardsticks ...

Consumer spending came in strong even as the Fed’s preferred inflation gauge remained stubbornly high in August – though not enough to dash hopes for an interest rate cut next month. Personal ...

WASHINGTON (AP) — The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures ...