Wage growth for a large swath of Americans is being outpaced by the rate of inflation, according to data from Indeed, which reported people with low- and middle-paying jobs are likely feeling the most ...
U.S. producer prices surged in July at the sharpest pace since mid-2022, reigniting concerns over inflation persistence just as markets were pricing in a series of Federal Reserve rate cuts in the ...
Federal Reserve policymakers on Friday began fleshing out what their new tolerance for inflation will mean in practice, an issue critical to how investors and households reshape their own outlooks ...
(Bloomberg) -- One of the fastest-growing groups of US consumers is hitting the brakes. What started a few months ago with makers of beer brands like Modelo warning of a pullback among Hispanic ...
There’s a growing rift between financial professionals and individual investors over inflation and the bond market - two issues that will weigh heavily on the Federal Reserve’s decision-making in the ...
WASHINGTON -- Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job losses, leading the central bank to keep its key rate ...
We won't know how much of a COLA jolt retirees and others receiving Social Security benefits might see next year until the official number is released in October. The highest COLA increase for Social ...
Stocks are readying to open higher after this morning's inflation report confirmed that price growth remains contained, giving the Federal Reserve more room to cut interest rates. Futures tracking the ...
The European Central Bank is done lowering interest rates, with fresh projections set to confirm inflation will hold at target over the medium term, a Bloomberg survey showed. Respondents expect the ...
One of the fastest-growing groups of US consumers is hitting the brakes. What started a few months ago with makers of beer brands like Modelo warning of a pullback among Hispanic customers as anxiety ...