The Latest Breaking News from Inflation

When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the inflation surge that gripped the nation for three painful years was now essentially defeated

The US government's fiscal year significantly impacts financial markets because the federal budget process influences economic policy, government spending, and fiscal stability. As the fiscal year draws to a close on September 30, market participants closely monitor budget negotiations, potential government shutdowns, and funding decisions, which can create uncertainty and…

How can we tell if the Reserve Bank of Australia – which sets the interest rates that shape our national and household budgets – is doing a good job?

Australia is expected to post its slowest annual economic growth rate outside of the pandemic lockdowns since the 1990s as inflation persists.

It pops up to 41,563.08 points fueled by favorable inflation news from the Commerce Department

A look at Kamala Harris' stances on Social Security and Medicare, including her history with the programs.

Friday's price action was choppy ahead of the long holiday weekend, but an in-line inflation report and late-day burst of buying power kept stocks above water.

U.S. inflation shows a modest increase, potentially leading to a Fed interest rate cut. Consumer spending remains strong, but savings decline, impacting fu...

The US Federal Reserve's favored measure of inflation held steady in July according to government data Friday, sustaining expectations that the central bank is on its way to interest rate cuts starting next month.