The sharper-than-expected increase in inflation in August was led by shelter, especially hotel prices. The cost of renting a temporary place for vacations and and other short stays leaped 2.3% last ...

Outcomes are better when the Fed follows a rule than when it acts discretionarily. Blaming the Federal Reserve for economic disturbances is a common political pastime in the U.S. Still, even by their ...

Many on Wall Street have privately worried that political pressure will undermine the Federal Reserve's credibility. Inflation Picks Up to 2.7% as Tariffs Start to Seep Into Prices Economists are ...

The veteran economist warns that Americans’ holiday budgets are already stretched thin, with stressed consumers, rising delinquencies, and a fragile labor market pointing to a winter slowdown.

Benchmark Treasury yields are little changed early Wednesday, as the market continues to wait for Federal Reserve Chair Powell's speech on Friday at the Jackson Hole symposium. However, there are some ...

JACKSON HOLE, Wyo. (AP) — 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 ...

An ongoing smishing campaign is targeting New Yorkers with text messages posing as the Department of Taxation and Finance, claiming to offer "Inflation Refunds" in an attempt to steal victims' ...

President Trump lashed out at Goldman Sachs and Chief Executive David Solomon, days after the bank said U.S. consumers are likely to bear the bulk of costs caused by tariffs. In a Truth Social post, ...

Many on Wall Street have privately worried that political pressure will undermine the Federal Reserve's credibility. Inflation Picks Up to 2.7% as Tariffs Start to Seep Into Prices Economists are ...