President Joe Biden on Thursday he announced the latest inflation report in opening remarks at his highly anticipated solo press conference in Washington. “Just this morning,...
WASHINGTON (AP) — U.S. employers delivered another healthy month of hiring in June, adding 206,000 jobs and once again demonstrating the U.S. economy’s ability to withstand...
The three join a growing list of consumer brands grappling with deep customer frustration with high prices — and wariness that prices will only rise further....
If President Joe Biden steps down as this year’s Democratic presidential nominee, he will be giving an economic gift to his successor. Biden’s economy has been...
People buy drinks at a store on a sweltering afternoon in Brooklyn, New York on the first day of summer, June 21, 2024. Spencer Platt |...
But even more importantly, by excluding volatile food and energy prices, the core PCE price index, which draws even closer scrutiny from Fed policymakers, is expected...
MARY REICHARD, host: Next up, The World and Everything in It: the Monday Moneybeat. NICK EICHER, HOST: Now it’s time to talk business, markets and the...
A measure of wholesale prices unexpectedly declined in May, adding further evidence that inflation is retreating. O producer price index, an indicator of the prices producers...
Excluding food, energy and commercial services, the PPI was unchanged, compared to expectations for a 0.3% increase. On an annual basis, the PPI of all items...
WASHINGTON (AP) — Federal Reserve officials will likely make official on Wednesday what has been clear for many weeks: with inflation remaining at a level above...
