The personal consumption expenditures price index, a measure the Fed uses as its main forecasting tool, showed inflation at 2.8% for the month both for headline and core in November. The readings were ...
The Federal Reserve's preferred inflation gauge showed that consumer prices remained elevated in November, ahead of the central bank's policy meeting next week. The Commerce Department on Thursday ...
Consumers continued to ramp up their spending as the holiday shopping season kicked into high gear in November, but inflation continued to bite, new data showed Thursday. A shutdown-delayed report ...
Markets rose again in Thursday’s session, kicking off the early market with more positive Jobless Claims and Q3 GDP revision. The Dow gained +306 points, +0.63%, while the S&P 500 +37 points +0.55%.
The holiday-shortened week starts off slow on Tuesday, though action will pick up by the end of the week, with a slew of economic data scheduled for Friday. Some previously delayed economic indicators ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Trueflation, an alternative measure of inflation that differs from what the Federal government may publish, states that the Personal Consumption Expenditures (PCE )is now below 1.9%, significantly ...
The U.S. economy grew at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two years. U.S. gross domestic product from July through September — the economy’s ...
NEW YORK (AP) — Stocks are holding near their record levels and Treasury yields are rising in the bond market Tuesday after the government reported that the U.S. economy grew at a surprisingly strong ...
WASHINGTON (AP) — The U.S. economy expanded at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two years, as consumer spending, government spending and exports ...
WASHINGTON — The U.S. economy expanded at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two years, as consumer and government spending, as well as exports, ...