Inflation is weighing on US incomes to a degree comparable to the 2008 Great Recession – potentially reducing consumer ...

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 ...

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

CHICAGO (WLS) -- What's causing rising prices in 2021? Consumer goods increased more than 5% from last year. The prices of food, appliances, cars and gasoline are on the rise - and the pandemic is ...

The San Francisco Federal Reserve warns that current tariffs are "unprecedented in magnitude" compared to 40 years of trade ...

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 ...

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 ...

Although wage growth has cooled since 2022’s highs, it remained above inflation and held stable in June, according to a July 24 report from Indeed’s Hiring Lab. Based on federal data, 57% of workers ...

The cost of living got even more expensive for Americans last month, with prices rising at the fastest pace since the start of the year. Consumer prices rose 0.3% in September, which drove the annual ...

LONDON, June 15 (Reuters) - U.S. employees are feeling confident enough to push for better pay and conditions, despite the high level of unemployment after the pandemic, a sign the balance of power ...