US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.

Following World War II, Congress imposed mandates on the Federal Reserve in the areas of employment, inflation, and interest ...

As home prices, food, goods and services continue to soar, wages and the pay scale remain stagnant, forcing many people to ...

The federal government’s producer price index can show when higher prices are coming soon to a retailer near you.

It is the uncertainty that has raised the prospect of recession in 2025. The so-called soft-landing (reduction in inflation ...

The Social Security cost-of-living adjustment (COLA) for 2026 is estimated to be lower than that of 2025, potentially making ...

Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data ...

According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index was at 2.3% year-over-year, ...

The Trump administration said early Monday that it had reached a deal with China to sharply reduce its tariffs on imports ...

Broken down by category, some of the sectors most impacted by tariffs saw a price decline from last month, including apparel ...

The Federal Reserve will have little reason to change its wait-and-see stance as a result of April's inflation reading from ...