Fed Chair Jerome Powell has said that the economy faces a "challenging situation" as the labor market weakens while inflation ...

U.S. economic data keeps coming back stronger than expected, and frankly it's raining on the parade for markets.

The Commerce Department released the August PCE inflation data which showed that inflationary pressures remained well above the Fed's 2% target last month as tariffs push prices up.

The risk that pressure from U.S. President Donald Trump could shift the Federal Reserve to an overly dovish stance is the ...

Federal Reserve Chair Jerome Powell recently announced a decision to cut interest rates, attributing this move primarily to a weakening job market. Powell emphasized the risks posed by labor market ...

President Donald Trump has said that he will put import taxes of 100 per cent on pharmaceutical drugs, 50 per cent on kitchen ...

Personal consumption expenditures inflation rose 2.7% in August over the past 12 months, according to data released Friday.

The August U.S. PCE inflation data has dropped in line with expectations, although it suggests that inflation remains sticky ...

Exploding government debt is taking over, forcing countries to lower interest rates and hike taxes not for the economy, but ...

The PCE rating is still higher than the Fed's goal of two percent inflation. Its big news for the US economy as it gears up ...

S&P 500 Futures were flat at 6,659.75 points, while Nasdaq 100 Futures steadied at 24,623.0 points by 19:51 ET (23:51 GMT). Dow Jones Futures were flat at 46,263.0 points. Trump on Thursday evening ...

US President Donald Trump praised the latest economic data released on Thursday but continued to criticize Federal Reserve Chair Jerome Powell, despit ...