Donald Trump said on Tuesday that consumer prices were low and the Federal Reserve should bring down interest rates now.

The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...

Trump’s needling aside, the latest inflation data show that Powell’s wait-and-see approach is the exact right tack for ...

There are several reasons Bitcoin could reach even greater heights over the second half of the year. Here's why.

Overall, grocery prices rose 0.3% last month and are up 2.4% from a year earlier. While that is a much smaller annual ...

U.S. stocks mostly fell Tuesday after inflation hit 2.7%, dimming hopes for rate cuts, but Nvidia gains helped Nasdaq near a new record.

US Stock market today climbed as Nvidia stock surged on hopes of renewed AI chip sales to China, with support from President ...

The Senate banking committee’s top Democrat is calling on the Federal Reserve to throw out a proposed rule for the amount of money that big banks are allowed to borrow relative to their capital.

Household furnishings and apparel – which are more exposed to tariffs – saw cost hikes. Read more at straitstimes.com. Read ...

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...

By Howard Schneider WASHINGTON (Reuters) -Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher in June in what economists see as evidence ...