But spending on equipment surged. Wednesday’s report also contained some encouraging news on inflation. The Federal Reserve’s favored inflation gauge — called the personal consumption expenditures ...

The monthly CPI indicator rose 2.1% in the 12 months to September. The most significant price rises at the Group level were Food and non-alcoholic beverages (+3.3%), Alcohol and tobacco (+6.3%), and ...

Even with annual inflation last month cooling to the lowest level since February 2021 and wages rising faster than inflation, low- and middle-income Americans are just barely covering their ...

Previously, he was executive editor for economics at Bloomberg News. Even with inflation well and truly on the way down after the most aggressive interest-rate tightening in a generation ...

Inflation may be ever so slowly cooling in the U.S., but it’s still sparking heated debates online. As Americans watched their buying power erode through 2021 and 2022, peaking at a 40-year high ...

KUALA LUMPUR: Malaysia’s inflation rose 1.8% in September 2024 from the previous year, slower than expected. According to a Reuters survey, economists expected the index to rise by 1.9% year-on ...

Looking for a discount on this year's Thanksgiving dinner? Walmart is offering an "inflation-free" deal on its annual holiday meal bundle. This year, Walmart says its holiday meal bundle option ...

Inflation may be ever so slowly cooling in the U.S., but it’s still sparking heated debates online. As Americans watched their buying power erode through 2021 and 2022, peaking at a 40-year high of ...

Grocery prices are uncomfortably high for many Americans, and major retailers say they’re going to ease that pain for Thanksgiving shoppers. Amazon AMZN on Wednesday became the latest such ...

The economy is humming. Inflation has cooled off. Americans are well-employed, getting raises and spending freely. But—with an election in less than two weeks—people still haven’t gotten ...