The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.

The personal consumption expenditures (PCE) price index rose 0.3% last month after an unrevised 0.1% gain in November, the Commerce Department said on Friday. Economists polled by Reuters had forecast ...

Mortgage rates might drift downward in February after bumping against a ceiling in January.The 30-year fixed-rate mortgage peeked briefly above 7% in January, then promptly ducked lower. It loitered j ...

The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.

AM Durable Goods Durable Goods Orders measure the change in the total value of new orders for long-lasting manufactured goods ...

With President Donald Trump back in the White House, big economic shifts could be coming for housing and job markets across ...

Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the ...

The economy and the markets are complex, and the only way to understand them is to consider more than a few metrics as you ...

“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...

President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for ...

Wall Street has a pitch for Donald Trump: Cement your place in history as the “Art of the Deal” president with your biggest deal ever.

The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 3.5% in the 12 months to December 2024, unchanged from November. On a monthly basis, CPIH rose by 0.3% in December ...