Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...

Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, ...

Martin Luther King Jr. Day, a federal holiday honoring the civil rights icon, falls on Monday, Jan. 20. Here's what to know.

Bitcoin has changed direction after weeks of Ethereum gaining 8% and Solana soaring 9%. “Bitcoin is up today because both ...

In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...

More than half of federal employees were either teleworking regularly or fully remote” by May 2024, the report notes.

Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...

Disinflation in key areas of consumer prices should help the Federal Reserve stick to its policy path of gradual cuts to ...

The Biden administration on Wednesday sued Southwest Airlines, accusing the carrier of illegally operating multiple ...