Apparel is deflationary, energy is warmer, and the worst ... could be yet to come, the veteran Wall Streeter says.

The stock market keeps climbing even though expectations for Fed rate cuts are falling. That’s not what usually happens.

Personal income has continued to steadily tick upward in recent years, according to the most recent data from the Bureau of ...

Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren’t ...

Over the last decade, prices have generally increased at a rate of 3.5% per year. Over the last 20 years, consumer inflation ...

The IRS has already lost more than 26,000 employees this year—and the administration’s latest budget proposal would shrink the agency even further. Meanwhile, more than half of the Inflation Reduction ...

US stocks hold steady as traders downplay tariff threats and await key earnings and CPI data, with tech and energy sectors ...

The underlying data also highlight a more precarious situation among consumers. U.S. consumer spending in May fell by the most so far this year and personal income declined by the most since 2021.

President Trump’s tariffs have yet to reverse the disinflation trend that’s persisted since January, baffling economists and the bearish views that color the consensus narrative.

GBP/USD fell for three weeks in a row as risk aversion favored demand for the US Dollar (USD), while tepid United Kingdom (UK) data undermined demand for the Sterling Pound (GBP). The pair bottomed at ...