WASHINGTON -- U.S. consumer prices continue to climb sharply while weekly jobless claims are falling, according to two pieces of economic data released by the Department of Labor on Thursday. The ...

Thursday's economic releases revealed an unusual mix of rising prices and a spike in jobless claims — a toxic cocktail that thrusts the U.S. economy into a stagflationary environment and places the ...

Wages have largely kept up with inflation since the Covid-19 pandemic started in 2020 — but for many workers, it hasn't felt like much of a win. Price increases and pay gains have seesawed over the ...

I recorded the December 19 commentary before President Trump gave his speech on Wednesday, December 16. I discussed the reason why the public sees inflation as a continuing problem and pointed out ...

The Federal Reserve’s annual inflation target is 2%, since this is the number most likely to keep prices stable and ensure U.S. consumers can make sound financial decisions. But the ideal inflation ...

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central ...

A new analysis from the Federal Reserve Bank of San Francisco examined the impact of tariffs on the economy based on historical examples, finding that the effect of import taxes on inflation and ...

WASHINGTON, Nov 12 (Reuters) - The number of Americans filing new claims for unemployment benefits fell to a seven-month low last week, but the pace of decline has slowed and further improvement could ...