US retail sales rise 0.1% in May from April as inflation and high interest rates curb spending. 24/7 coverage of breaking ...
Core inflation, which strips out more volatile items like food and energy prices, also slowed despite rents continuing to ...
US retail sales showed minimal growth due to ongoing high inflation and interest rates. The rise was below expectations, with ...
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 ...
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 left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down ...
First rate cut could come in September boosting President Biden’s chances of beating Trump ahead of November's election.
Sales of previously occupied U.S. homes fell in May for the third straight month as rising mortgage rates and record-high ...
Today, home building slowed in May and Federal Reserve officials will continue to analyze incoming economic data.
The Bank of England has declined to cut interest rates from their 16-year high – despite inflation finally falling to meet ...
From OpenAI co-founder Ilya Sutskever starting another AI firm to Nvidia shares falling causing Microsoft to become the world ...