The Fed's preferred inflation measure moved no closer to its 2% target in July, emphasizing the policy challenge the Fed faces as it prepares for a possible interest-rate cut in September. The ...

The stock market struggled in the final session before Labor Day, as Wall Street opted to cap off August by selling highflying tech stocks. The Dow Jones Industrial Average fell 92 points, or 0.2%.

WASHINGTON — (AP) — The Federal Reserve's preferred inflation gauge mostly held steady last month despite President Donald Trump's broad-based tariffs, but a measure of underlying inflation increased.

Consumers paid 1.8 per cent more in April 2025 than they did a year ago for the basket of goods and services included in the Consumer Price Index, the Department of Statistics reported. The annual ...

The Federal Reserve is monitoring new inflation data as it weighs potential interest rate adjustments due to a shaky job market and ongoing economic challenges. We're looking at core inflation, which ...

WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased.