inflation

Annual inflation rate accelerates to 2.7% in November, as expected

Consumer prices rose at a faster annual pace in November, a reminder that inflation remains an issue both for households…

The CPI report Wednesday is expected to show progress on inflation has hit a wall

A man shops at a Target store in Chicago on November 26, 2024. Kamil Krzaczynski | AFP | Getty Images…

Stock market today: Indexes slide as tech sell-off ends 7-day winning streak

Advertisement US stocks ended lower on Wednesday, with the benchmark S&P 500 snapping a seven-day winning streak amid a sell-off…

Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show

Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate…

Inflation will keep falling next year despite fears of prices spiking under Trump, veteran economist Steve Hanke says

Advertisement As Donald Trump’s second term approaches, his policy proposals have triggered concern that inflation will see a resurgence in…

Trump and Fed Chair Powell could be set on a collision course over rates

Jerome Powell and President Donald Trump during a nomination announcement in the Rose Garden of the White House in Washington,…

Protecting your portfolio against risks tied to Trump’s tariff plan

Money manager John Davi is positioning for challenges tied to President-elect Donald Trump’s tariff agenda. Davi said he worries the…

Javier Milei visits Trump, Elon Musk as DOGE takes shape

President-elect Donald Trump and Argentina’s President Javier Milei at Mar-a-Lago on November 14, 2024 Courtesy presidential office of Argentina Self-described…

Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates

Federal Reserve Chairman Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in…

Wholesale prices rose 0.2% in October, in line with expectations

Customers shop at a Costco Wholesale store in Miami on Dec. 15, 2023. Joe Raedle | Getty Images News |…