Some people expected a downturn in 2022 – and again in 2023 and 2024 – due to the Federal Reserve’s hawkish interest-rate ...

The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were ...

Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.

The Fed lowered interest rates on Wednesday by a quarter point, while signaling a slower pace of cuts next year.

The Personal Consumption Expenditures index climbed by 0.1% in November on a month-over-month basis, the Bureau of Economic ...

U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...

Mississippi is not among the 23 states raising the minimum wage, which is $7.25 per hour for covered nonexempt workers. The ...

Abolishing the Biden inflation tax on American purchasing power ... how it compares to the one issued by the federal Bureau of Labor Statistics, and his expectations for future prices: ...

Moreover, data from the Bureau of Labor Statistics showed that year-over-year real average hourly earnings growth dropped for 25 consecutive months. Average hourly pay has outpaced inflation since ...

But what appeared to be a hot job market was actually a symptom — not the cause — of the recent bout of inflation, according to new research that explored the consequences of unexpected rising prices ...