Rhode Island state lawmakers held an informative legislative briefing to try and address rising utility costs.

President Trump reached deal with Claudia Sheinbaum and Justin Trudeau to temporarily avert a costly trade war ...

The Republican president posted on social media that the tariffs were necessary “to protect Americans," pressing the three ...

US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...

The Personal Consumption Expenditure index shows prices are up by 2.6% annually. The Federal Reserve is seeing positive economic indicators despite erratic inflation. Just two days after the Federal ...

The personal consumption expenditures price index increased 2.6% on a year-over-year basis in December, while core PCE was at 2.8%, both in line with expectations but well ahead of the Fed's 2% ...

High inflation erodes the value of your money. For instance, if inflation is 6 percent and your fixed deposit earns 5 percent interest, you’re actually losing purchasing power. Controls cost of ...

Overall inflation climbed 0.3% in December from the previous month, driven higher by a jump in gas prices. Monthly increases at that level, if they continued, would exceed the Fed’s target.

Howard William Lutnick, former head of Cantor Fitzgerald, told this to members of the Senate Commerce, Science, and Transportation Committee during his confirmation hearing on Thursday.

WASHINGTON (AP) — Inflation ticked higher last month in latest sign of persistent price pressures in the U.S.

WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. The latest inflation figures arrive ...