Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central ...

A chicken vaccination campaign would likely be cheaper for the Trump administration and, more importantly, better for ...

A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...

Cooling: U.S. labor cost growth cooled last quarter from a year earlier, reassuring Federal Reserve policymakers that wage pressures are gradually diminishing and no longer a key driver of inflation.

Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...

US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...

U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress ...

Nearly 2,000 workers in Alabama were laid off in mass layoffs and plant closures in 2024, according to WARN notices filed with the Alabama Department of Commerce. About 21 employers in industries ...

No rate cut is expected before June. Excluding the volatile food and energy components, the PCE price index rose 0.2% last month after an unrevised 0.1% increase in November. In the 12 months through ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...

Despite strong job gains over the past year, hiring has diverged between larger and smaller US companies. Read more here.