NBC News' Angie Lassman discusses the latest weather conditions in Los Angeles as five wildfires continue to scorch the area.

Federal Reserve Governor Michelle Bowman said she sees lingering inflation risks and that policymakers should proceed ...

Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal ...

The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...

Minutes from the most recent meeting of Federal Reserve policymakers showed uncertainty about the impact of President-elect ...

Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...

U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising ...

Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.

The US central bank voted 11-to-1 in favor of cutting rates by a quarter of a percentage point at the meeting on December 17 ...

The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...

Nonfarm payrolls increased 256,000 and the unemployment rate fell to 4.1%, a Bureau of Labor Statistics report showed Friday.

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