Inflation

Federal Reserve Chair Jerome Powell reiterated the central bank’s commitment to keeping inflation under control during his semiannual testimony before the House …

The U.S. Treasury Department confirms it is halting the production of new one-cent coins, effectively beginning the phase-out of the penny after …

Nike confirms it will implement a round of price increases on a wide range of its footwear, apparel, and sports equipment beginning …

Federal Reserve officials and financial markets are reacting sharply to the anticipated fiscal consequences of President Donald Trump’s expansive new legislative push, …

Senate Majority Leader Chuck Schumer escalates his battle against former President Donald Trump’s trade tariffs, announcing plans to bring the issue to …

U.S. stocks plunge across the board following stark warnings from Federal Reserve Chair Jerome Powell that ongoing and proposed tariffs could pose …

Goldman Sachs has revised its economic outlook for the United States, increasing the probability of a recession in the next 12 months …

Federal Reserve Chair Jerome Powell, testifying before the House Financial Services Committee, reaffirms the central bank’s commitment to policy decisions independent of …

As the Federal Open Market Committee (FOMC) convenes its first meeting of 2025, Federal Reserve officials are grappling with significant fiscal policy …

President-elect Donald Trump delivers a fiery critique of outgoing President Joe Biden’s administration during his first public speech since Congress certified his …