Inflation is speeding up after a period of cooling down earlier this year.

Consumer prices posted the biggest increase in June in five months and is likely to keep the Federal Reserve from cutting ...

Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair ...

JPMorgan Chase raised its net interest income forecast for 2025 after a strong performance in its investment banking and ...

The CPI rose 0.3% month-over-month in June, accelerating from May’s 0.1% pace. Year-over-year inflation also jumped to 2.7%, ...

WASHINGTON (AP) — Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, ...

As a governor at the US central bank from 2006 to 2011, Warsh called for higher rates even in the depths of the financial ...

The president slapped 30% tariffs on two of America’s biggest trading partners and went on TV to fume about the head of the Federal Reserve.

The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.

Household debt in the U.S. is at an all-time high, reaching more than $18 trillion in the first quarter of 2025, according to ...

Powell has repeatedly declined to answer questions on whether he might stay on as a governor. That reticence has complicated ...

The U.S. is expected on Tuesday to report that rising costs for imported goods lifted overall consumer prices in June, ...