Federal Reserve

Inflation may be cooling, but American consumers have growing concerns that price hikes will accelerate again, according to the University of Michigan's latest consumer sentiment survey.

The sale of previously owned homes fell again in October as high mortgage rates and a worsening supply shortage left would-be buyers with limited options.

Confidence among builders in the U.S. housing market plunged to the lowest level since January 2023 as stubbornly high mortgage rates weighed on demand.

Home-purchase applications increased to the highest level in five weeks thanks to a recent drop in mortgage rates, which helped to boost consumer demand.

Former Kansas City Federal Reserve Bank President and CEO Thomas Hoenig discusses a potential recession and the Fed's monetary policies.

The Labor Department said Wednesday the producer price index tumbled 0.5% in October, evidence that price pressures in the economy are beginning to abate.

Investors snapped up U.S. stocks in a broad rally after the latest inflation data signaled the Federal Reserve may be close or even done with hiking interest rates.

Inflation cooled more than expected in October, but prices for many necessities like food and rent remained high last month, Labor Department data shows.

The Labor Department released the closely-watched October consumer price index report on Tuesday, revealing just how hot inflation was running last month.

High mortgage rates and home prices may keep homebuyers on the sidelines through 2023, a survey found. But you can still find the best mortgage rate by comparing your options.

The latest CPI data is expected to show that prices are continuing to ease but remain higher than they were pre-pandemic and still above the Federal Reserve's 2% target level.

Federal Reserve Chair Jerome Powell said Thursday that despite recent declines, inflation still remains too high for the central bank to declare victory.

Climate protesters interrupted a speech by Federal Reserve Chairman Jerome Powell on Thursday, causing the central bank chief to be briefly escorted off the stage.

FIRST ON FOX: A Goldman Sachs small business initiative is calling on 2024 political candidates to oppose efforts to restrict small business owners' access to capital.

The total number of homes for sale on the market tumbled in October for the fourth straight month, a sign the housing shortage is continuing to deepen.

Home-purchase applications increased for the first time in a month as mortgage rates posted a sharp decline, boosting demand among would-be homebuyers.

A pause in interest rate hikes may offer no relief to people dealing with large amounts of credit card debt amid high inflation. But there are ways to pay off debt quickly.

Credit card debt smashed another record at the end of September as American consumers continued to rely on their cards to pay for everyday necessities.

The "Shark Tank" star and O'Leary Ventures chairman warned inflation will be a "very hot political potato" as Americans are forced to downsize their homes, cars and lifestyles.

Grant Thornton LLP, one of the largest accounting firms in the United States, will lay off 200 employees over recession fears. The latest round follows 300 this summer.