US retail sales rise 0.1% in May from April as inflation and high interest rates curb spending.
Moody’s Analytics has warned that inflation could reaccelerate if former President Trump wins the White House and Republicans ...
Sales at U.S. retailers barely rose in May, suggesting Americans are feeling the weight of lingering inflation and high ...
The US Federal Reserve has held interest rates in a target range between 5.25% and 5.5%, a 23-year high, as the world’s largest economy continues to fight stubbornly elevated inflation, Andrew ...
US retail sales showed minimal growth due to ongoing high inflation and interest rates. The rise was below expectations, with ...
The US Federal Reserve kept interest rates steady as expected Wednesday, and suggested it could cut rates just once before ...
Today, home building slowed in May and Federal Reserve officials will continue to analyze incoming economic data.
All eyes are on the Federal Reserve today as it wraps up its fourth Federal Open Market Committee meeting of 2024.
The number of Americans applying for unemployment benefits slipped last week. The Labor Department reported Thursday that ...
Rolling coverage of the latest economic and financial news, including the UK interest rate decision at noon today ...
The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% at its last meeting before July 4's UK ...
The Bank of England has opted to hold interest rates at a 16-year high despite inflation easing to the financial ...