The Fed’s preferred inflation gauge rose 2.7% in August, while core prices climbed 2.9%. Consumer spending and incomes also ...

US PCE inflation met expectations at 2.7% YoY, boosting rate cut bets to 87.7% and sparking optimism for a Q4 crypto rally.

Big Tech stocks, a group of megacap companies with a collective outsize weighting in the S&P 500, were propelling a popular ...

The U.S. Federal Reserve's preferred inflation gauge rose in August from a year earlier, while consumer spending increased slightly more than expected, the Bureau of Economic Analysis (BEA) of the ...

Personal income, which rose $95.7B in August was overtaken by consumer spending, which jumped $129.2B, pushing the saving rate to 4.6% amid steady inflation and higher wages.

Gold adds to Thursday’s optimism and advances toward its recent record highs near the $3,800 region per troy ounce on Friday. The move higher in the yellow metal metal comes as the downside pressuro ...

The Dow Jones index rises 375 points Friday after Fed inflation data. Small caps climb after a three-day decline.

U.S. consumer spending increased slightly more than expected in August as households went on vacation and dined out, keeping the economy on solid ground as the third quarter progressed, while ...

Indexes: Dow up 0.8%, S&P 500 up 0.6%, Nasdaq down 0.4% ...

WASHINGTON (AP) — The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The ...

Brent oil gains ground as traders focus on risks to Russian oil supply. Currently, Brent oil is trying to settle above the ...

PCE inflation data matched analysts expectation, but leaves policymakers balancing sticky inflation with a softer labor market, one Sygnum Bank's CIO noted.