Excluding volatile food and energy components, the CPI rose 0.3 per cent in July, the biggest gain since January.

The U.S. stock market is rallying toward records on Tuesday after data suggested inflation across the country was a touch better last month than economists expected.The S&P 500 rose 1.1% and was on ...

The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in record income ...

The Federal Reserve is continuing to hold off on cutting interest rates despite pressure from President Donald Trump to lower ...

Tuesday morning after the report was released, Trump took to social media to say Fed chair Jerome Powell "must NOW lower the (interest) rate" after months of keeping it unchanged.

U.S. Treasury Secretary Scott Bessent on Tuesday said he was hopeful the Senate would confirm Stephen Miran, now chair of the Council of Economic Advisers, to fill a temporary vacancy on the Federal ...

Inflation held steady in July as tariffs threatened to drive prices higher, CPI report reveals. But an underlying inflation measure picked up ...

President Donald Trump is considering suing Federal Reserve Chair Jerome Powell, White House press secretary Karoline Leavitt said Tuesday. Her comments came after Trump wrote earlier Tuesday that he ...