Federal Reserve

Inflation at the wholesale level rose faster than expected in January as stubbornly high producer prices persist, the Labor Department said Thursday.

The Biden administration is reportedly looking at former Obama economic adviser Austan Goolsbee as an option to replace Lael Brainard as vice chair of the Federal Reserve.

Builder sentiment in the market for single-family homes climbed in February to the highest level since September as mortgage rates fall from a peak high.

Americans continued to spend at restaurants, bars and other retail stores in January even as they confronted high inflation and rising interest rates.

The Consumer Price Index (CPI), a measure of inflation, rose 6.4% year-over-year in January, a slight slowdown from the 6.5% increase in December.

President Biden is appointing two top economic advisors for his administration on Tuesday amid economic uncertainty and high rates of inflation in January.

The Federal Reserve will likely continue to keep raising interest rates to get a firmer grip on inflation, Federal Reserve Governor Michelle Bowman said Monday.

The economy is sending mixed messages about its health, with one expert dubbing the phenomenon a "rolling recession" where sectors take turn contracting.

An Apple artificial intelligence event as well as earnings from Biogen, Cisco Systems and Marriott Hotels set the stage for a busy week on Wall Street.

Used-vehicle prices rose in January at the fastest monthly pace since 2021, a sign that underlying inflationary pressures in the economy remain strong.

The Federal Reserve may be forced to raise interest rates higher than expected if high inflation persists, according to JPMorgan Chase CEO Jamie Dimon.

Inflation has been cooling in recent months, but studies have reported that it’s still a concern for many Americans. Meanwhile, some experts debate whether a recession will occur in 2023. Here’s how to pay down debt quickly in a volatile economy.

The stronger-than-expected January jobs report has prompted some Federal Reserve officials to say that interest rates may need to go higher than projected.

The New York Fed president on the central bank’s efforts to bring down inflation using interest rate hikes and scenarios where high prices could be persistent.

Fisher Investments founder Ken Fisher explained why 2023 is shaping up to be a great year for Wall Street and why the U.S. economy is unlikely to fall into a recession.

Is inflation's rocky landing inevitable with a "relatively clueless" Federal Reserve and Biden administration? Federated Hermes CIO Stephen Auth weighs in.

Additional interest rate hikes are on the table in coming months as U.S. inflation is still too high, according to Federal Reserve Chairman Jerome Powell.

The U.S. housing market will likely see further price drops as result of low affordability and growing inventory, according to economist Ian Shepherdson.

Bank of America Vice Chairman Keith Banks warns as the economy slows and margins get squeezed, costs will grow faster than revenues.

Another inflation spike could take hold in the U.S. economy as a result of China reopening its economy from COVID-19 lockdowns, according to one analyst.