U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress ...
The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.
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 ...
Husky Harvest gives away around two pallets of food a week, but has given out almost 12 pallets, or 12,000 pounds, worth of ...
Consumers have demonstrated a high tolerance for the increasing price tag of attending live events, also known as “funflation ...
Egg prices across the US remain very high. The situation that’s not expected to change much as 2025 progresses. The retail ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
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 nonpartisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau ...