Economic Indicators

President Joe Biden on Twitter Wednesday accused oil and gas companies of padding their profits, saying gas prices should be lower. But not everyone agrees with the president's assessment.

St. Louis Federal Reserve President James Bullard said Friday the U.S. central bank needs to raise interest rates much faster in order to combat the hottest inflation in four decades – or risk losing its credibility.

Wholesale inflation surged in February, driven by rising gas prices. This could mean higher prices for consumers in the weeks to come.

Goldman Sachs economists warned the probability of the U.S. economy plunging into a recession in the next year has risen dramatically in the wake of the Russia-Ukraine war.

In order to fight decades-high inflation levels, the Federal Reserve raised rates for the first time since 2018 on Wednesday.

Manufacturing activity in New York state plunged in March for the first time since the early days of the COVID-19 pandemic as orders and shipments dropped and delivery times increased.

Biden has recently made a concerted effort to blame Russia's ongoing invasion of Ukraine as the main source of economic turmoil in the U.S., pointing to disrupted markets.

The producer price index, which measures inflation at the wholesale level before it reaches consumers, surged again in February.

With inflation reaching yet another new 40-year high in February, economists have begun to question the Fed's ability to bring it back down.

With job growth surging past expectations in February, experts have said it supports the Federal Reserve's decision to raise rates in March.

Consumer inflation remains red hot driven by rising energy costs.

As inflation rises at its highest rate in years, many Americans who participated in a recent survey said having a more frequent pay schedule would help them with financial stress.

A South Korean pharmaceutical company manufacturing Russia’s COVID-19 vaccine said it is bracing following the West's sanctions against Russia over the invasion of Ukraine.

Inflation is sky-high at the national level, but regional inflation in some pockets of the nation is taking a bigger bite out of household budgets.

Contract signings for home sales fell in January with inventory at a record low.

Container ship operators and big importers like IKEA and Walmart Inc. will soon negotiate freight rates that could affect the prices consumers pay for everything from jeans to cars.

The Federal Reserve says that it's prepared to begin fighting rising inflation, a move that could slow economic growth, according to Fannie Mae.

U.S. economic growth was revised slightly higher in the final months of 2021, helping the nation record its best year for growth in nearly four decades before the omicron variant dampened consumer spending.

The U.S. economy is facing the worst labor shortage in close to a century, according to new research, raising the prospect of prolonged higher-than-usual inflation.

Experts and lawmakers sound the alarm on how conflict between Ukraine and Russia poses threats of a cyberattack and surging food prices.