U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
The latest inflation figures arrive as President Donald Trump has threatened to impose big import taxes on goods from Canada ...
December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock investor’s ...
The Federal Reserve should take a "cautious and gradual" approach to adjusting monetary policy amid upside risks to inflation, Governor Michelle Bowman said Friday. On Wednesday, the central bank's ...
The White House press secretary said the president would move forward with levies on America’s largest trading partners on Saturday.
Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.