Bitcoin holds steady near $114,000 despite August inflation rising to 2.9%, outpacing July's 0.2% increase. Odds of a 50 basis point Fed rate cut next week dropped from 12% to 9% following the hotter ...
Washington — U.S. producer prices fell unexpectedly last month, dropping 0.1% from July. The Labor Department reported Wednesday that its producer price index – which captures inflation in the supply ...
The July Personal Consumption Expenditures Price Index increased in line with expectations, up 2.6% from year-ago levels. When volatile food and energy costs are factored out, the Federal Reserve’s ...
U.S. consumer sentiment declined in August, reversing recent gains as higher inflation expectations took hold amid President Donald Trump's sweeping new tariffs on nearly 70 countries. The University ...
The Bureau of Labor Statistics reported that the Consumer Price Index increased 2.7% in July from year-ago levels, the same as in June. Year-over-year core CPI (which excludes volatile food and energy ...
The U.S. economy contracted in the first quarter as tariffs caused importers to surge shipments before higher levies took effect. The Commerce Department's Bureau of Economic Analysis (BEA) released ...