CNN business reporter Matt Egan on Friday highlighted “solid” consumer spending in July amid President Donald Trump’s tariff regime. Retail and food services sales in July rose […] ...

The great-and-the-good of the American central banking world are off to the Fed’s annual Jackson Hole conference. And for Chair Jerome Powell, his appearance could hardly come at a more challenging ...

It’s been a little mixed,” Goolsbee said Friday, referring to recent inflation data in an interview on CNBC. “I feel like we ...

While the Consumer Price Index (CPI) was up only 2.7% year over year in July, a more important measure rose much higher. The ...

Chicago Fed's Austan Goolsbee says rising producer prices and sticky services inflation raise concerns about tariff-driven ...

The Fed Chair Powell is expected to stay hawkish at the Jackson Hole Symposium and fail to signal an interest rate cut in ...

Bitcoin falls on hot July PPI data showing 0.9% jump. Inflation fears dim Fed rate cut hopes. Retail sales data next key risk factor.

Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...

The brunt of tariffs is yet to be felt. Importers padded inventories before Liberation Day or absorbing the costs, delaying ...

Chicago Fed President Austan Goolsbee called a jump in the prices of some services “the most concerning thing” in Tuesday’s ...

The initial headline number showed that the often overlooked gauge, which measures prices paid to domestic producers, rose by 0.9% in July. That was the fastest pace in three years, and much higher ...

Producer prices increased by the most in three years in July, suggesting a broad pickup in inflation was imminent. "This is a ...