Fed's favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
Compared with a year earlier, inflation fell to 2.2%, down from 2.5% the previous month and barely above the Fed's 2% inflation target. The cooling of inflation might be helping to erode former President Donald Trump's polling advantage on the economy.
Grocery costs barely rose last month, according to Friday's report, and energy costs dropped 0.8%, led by cheaper gasoline.
Experts warn that consumers will run into issues over the coming months if port workers strike next week. It will limit ...
Starter homes are no longer simply small, affordable first homes. Instead, they have become a homeownership entry point, ...
The United States Postal Service announced that First-Class postage, currently at 73 cents, will go up five times through ...
The kingdom is resigning itself to a period a lower prices, sources told the FT. Oil markets spiraled on the news, falling as ...
Longshore workers at ports along the East Coast and Gulf coast are threatening to strike by Tuesday. The impacts could be ...
Disney follows in the footsteps of Netflix in looking to convert Disney+ password-borrowers into paying customers.
Donald Trump vows the price of gasoline will drop under $2 a gallon if he’s president. But there’s no way he can simply make ...
There will be few games, if any, during the 2024 college football season that will come with the kind of hype and outsized ...
Under the scheme, any weekend parking over three hours will cost £1 per hour and £5 for a maximum of 24 hours across all car ...
Cal-Maine Foods, America’s biggest egg producer, controls about one-fifth of national egg sales following multiple ...
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