Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.

Consumer prices rose 3%, extending a recent pattern of increases at the start of the year that likely derails the prospect ...

The OPM framed the severance offer from President Trump and his administration as "administrative leave with pay and benefits ...

Economists expected consumer prices to rise 0.3% on a monthly basis in January, and for the annual inflation rate to rise to ...

President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.

U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore the Federal Reserve's resolve to delay any further interest rate cuts.

The price of eggs rose 15.2% from December to January on a seasonally adjusted basis and 53% from January 2024 to last month ...

Inflation accelerated in January, with the consumer price index rising 3% year over year, above economists' expectations.

A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...

It’s not immediately clear whether the firings are legal, as the Trump administration is required to give a 30-day notice.

US consumer prices came in hotter than expected in January as inflation showed few signs of weakening, dashing hopes for ...