The accompanying policy statement did not include the reference to inflation having made progress toward the Fed's 2% target. No rate cut is expected before June ...

Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...

An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...

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

Companies, consumers and farmers across North America braced on Friday for U.S. President Donald Trump to impose 25% tariffs ...

Nearly 2,000 workers in Alabama were laid off in mass layoffs and plant closures in 2024, according to WARN notices filed with the Alabama Department of Commerce. About 21 employers in industries ...

An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...

DeepSeek, the company behind the recent AI chatbot R1, is being investigated by US officials to see if they imported banned Nvidia chips.

The Illinois Department of Commerce and Economic Opportunity, through its Community Services Block Grant, has made funds available to Tri-County Opportunities Council for at least 12 scholarships of ...

Tariffs that are central to President Donald Trump's economic policies could destabilize markets for numerous Maine products from lumber to lobsters to electricity. The president has said he will ...