Liberal economist Larry Summers warned that inflation is still not fixed and that a Trump administration could make things even worse.

Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...

It was last up 4.08% at $91,910, marking a 32% rise since the Nov. 5 election. Smaller peer ether has risen 37% since ...

Speculation arises over Trump's ability to fire Fed chief Powell, highlighting the Fed's independence from presidential ...

In an alternate reality, if Trump had been the president for the last four years instead of Biden, it is exceedingly likely ...

Federal Reserve Chair Jerome Powell had mentioned last week that the road to 2% inflation would not be a straight line. "We expect there to be bumps," Powell said, at his press conference last week.

The Consumer Price Index rose 2.6% versus a year ago in October — falling in line with expectations, the Labor Department ...

WASHINGTON (AP) — Annual inflation may have risen in October for the first time in seven months, a sign that price increases ...

The U.S. government is set to release new inflation data on Wednesday, offering a fresh look at price increases little more ...

When the river began to rise last month in Asheville, North Carolina, Lucious Wilson stood on a nearby hill and watched as his brewery slowly vanished in the floodwaters generated by Hurricane ...

President-elect Donald Trump’s return to the White House already carried potentially sweeping changes for the Federal Reserve ...

The central bank’s governors vow to re-elect Jerome Powell chairman even if the president fires him.