Wall Street is parsing the latest inflation data, gaming the odds of another Fed rate hike — or pause. And while the headline data show...
Inflation continued slowing last month, good news for consumers as many of them curtailed spending. The Consumer Price Index (CPI) rose 0.4% in April, the...
New government research shows that markups on new vehicles helped drive the inflation plaguing consumers. A recent study by the U.S. Bureau of Labor Statistics...
U.S. workers’ median weekly earnings have grown faster than inflation over the last year. The usual weekly earnings of full-time wage and salary workers in...
The headlines show that inflation may be cooling, but for consumers bearing the brunt of sticker shock, the damage may have already been done. As...
Durable U.S. inflation last month could test the Federal Reserve. As Bloomberg News reported Saturday (April 8), upcoming government data is expected to show a 0.4% increase...
Spending among U.S. consumers fell last month as shoppers focused on their basic needs. Numbers released Wednesday (March 15) by the Commerce Department showed sales...
February Consumer Price Index numbers demonstrate that grocers and consumers can’t catch a break. While inflation overall seems to be easing, with gasoline and major...
Wells Fargo’s finance chief has a gloomy prediction for the U.S. economy. “It’s going to get worse as we go throughout the year,” said Mike Santomassimo,...