The income growth level is similar to the rate seen in the early 2010s, when the unemployment rate was stuck at 7% and slow ...

Federal Reserve Chairman Jerome Powell famously described the high inflation that had just started dragging down U.S. consumers in July 2021 as "transitory." His word choice suggested that elevated ...

The Federal Reserve’s preferred measure of underlying inflation increased in June at one of the fastest paces this year while consumer spending barely rose, underscoring the dueling forces dividing ...

The national average price of gasoline has fallen below $3 per gallon for the first time since May 2021, marking a ...

Gas prices dropped to their lowest point since May 9, 2021, on Friday morning, with nationwide averages below $3 per gallon, ...

Portrait of a mid adult man in his 30s checking his energy bills at home. He has a worried expression and touches his face with his hand while looking at the bills. He is surrounded by documents, his ...

The United States Bureau of Labour Statistics, on Wednesday, disclosed that consumer prices rose less than anticipated in May, with tariffs imposed by President Donald Trump yet to show a significant ...