Federal Reserve Chair Jerome Powell says the US has made progress toward 2% inflation but isn't quite there yet during a House Financial Services Committee hearing.

US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading. The Dow ...

Stocks falling sharply after some disappointing news on inflation on the heels of Federal Reserve Chairman Jerome Powell ...

A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report ...

Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't ...

President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed ...

Donald Trump on Wednesday morning dismissed a hotter-than-expected inflation report as 'Biden inflation' after making another ...

Nearly the entire Dow Jones equity board lost ground on Wednesday, although Boeing (BA) and Walmart (WMT) managed to stake out room on the green side. Both companies gained around 1.2%, with Boeing ...

Inflation prices jumped to 0.5% from January to December, which was the largest increase since August 2023.

WASHINGTON (AP) — U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a disappointment for families and businesses struggling with higher costs and likely ...