Economic Indicators

The May inflation report is expected to show that consumer prices accelerated again last month, with soaring consumer prices continuing to inflict financial pain on most Americans.

The number of Americans applying for unemployment benefits climbed higher than expected last week, a worrisome sign that the red-hot labor market may be starting to cool off.

The policy shift would help narrow the gap with the Fed as U.S. and eurozone inflation rates converge.

The White House is considering reductions in tariffs on Chinese imports as it seeks to tame the hottest inflation in four decades, Treasury Secretary Janet Yellen said.

The Federal Reserve Bank of Atlanta's closely watched GDP tracker shows that GDP growth likely cooled markedly in the spring, meaning the economy could easily tip into a recession.

The OECD became the latest international institution to downgrade the global economic outlook -- the result of inflation, the Russian war in Ukraine and COVID-19 lockdowns in China.

The global economy is at danger of returning to 1970s-style stagflation as it confronts elevated inflation and a slowdown in growth, according to a grim World Bank report.

A Food and Drug Administration (FDA) advisory committee is meeting on Tuesday to discuss a request for emergency use authorization (EUA) for Novavax COVID vaccines.

Vaccine-maker Pfizer said Monday that it would invest $120 million at its facility in Michigan, boosting U.S.-based production of the PAXLOVID coronavirus pill.

Jobs increased in May, and this increase could prepare the Fed to continue raising rates over the next few months.

The Labor Department's May jobs report came in better than expected, paving the way for a series of half-point rate hikes at upcoming Federal Reserve meetings.

Tesla CEO Elon Musk now says he expects the overall headcount at the electric automaker to grow over the next year but the number of salaried staff should be little changed.

The Federal Reserve may trigger a recession with its war on inflation, but economists think the downturn will be a mild one.

The May jobs report came in much hotter than expected, with hiring at the leisure and hospitality industry leading the way.

The U.S. economy continued to see healthy job growth in May, indicating the labor market is still strong despite headwinds from rising interest rates, soaring inflation, a worsening labor shortage and fears of a slowdown.

The Labor Department's May jobs report is expected to show that while payroll growth continued at a modest pace, it slowed markedly from previous months.

The Biden administration is trying to emphasize to voters that it's maximizing efforts to bring prices under control as inflation hovers near a 40-year high.

Good orders at U.S. factories rose far less than expected in April, likely the result of continued supply chain snarls.

Private companies added just 128,000 jobs in May, sharply, marking the worst month for job creation since April 2020, when the pandemic shut down a broad swath of the nation's economy.

FOX Business host Larry Kudlow rips President Biden's plan to address inflation and reveals a better plan to help the struggling U.S. economy on 'Kudlow.'