Kevin Warsh, a former Federal Reserve governor seen by Wall Street as the front-runner to replace current Fed Chair Jerome Powell, on Friday sharply criticized fundamental practices of the central ...

Supply- and Demand-Driven PCE Inflation updates data on the contributions to personal consumption expenditures (PCE) inflation from supply-driven versus demand-driven components. This tool is intended ...

Patria and GDELS-Santa Bárbara Sistemas have announced the launch of ASCOD Infantry Fighting Vehicle (IFV) assembly operations in Latvia. The vehicles will be assembled and maintained at the Defence ...

Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show up in consumer prices, the Commerce Department reported Friday.

May 30 (UPI) --The Federal Reserve chair, Jerome Powell, has told President Donald Trump that monetary policy will not be influenced by politics. Powell and Trump had a meeting Thursday as the ...

“That’s got pretty much everybody in limbo, including the Fed at this point.” Mr. Stanley expects tariff-induced inflation to show up more prominently in June and July before fading in ...

April's 2.1% year-over year increase in the Personal Consumption Expenditure price index, down from 2.3% in March, puts inflation within a stone's throw of the Fed's 2% target. Sign up here.

The Fed's goal is to get this number down to 2%. The new reading was in line with expectations and cooler than the 2.7% annualized change recorded in March. Core prices also rose 0.1% in April ...

We hope Jacob Fatu is more careful with his WWE United States Title belt than when he was entrusted with the WWE Title as a kid. The US Champion has recently been remembering the time his uncle ...

Trump has in recent months trained his fire on the Fed chair, whom he first nominated to lead the independent central bank back in 2017, accusing him of being "too slow" to cut rates to boost ...

Trump has repeatedly demanded the Fed cut interest rates, citing moves by European central banks, and warned delays could stall the US economy. White House spokeswoman Karoline Leavitt said the ...