The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.

WITH the Philippines missing its economic growth target for the second consecutive year, this raises concerns over the ...

“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

Economic growth came in pretty strong for the fourth quarter. GDP rose at an annual rate of 2.3%. And consumer spending rose ...

The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an ...

Petrochemicals manufacturer LyondellBasell on Friday reported a loss in the fourth quarter, hurt by weak demand across key ...

“Bobby! Bobby!” Supporters decked out in MAHA (“Make America Healthy Again”) pins and hats chanted this as Robert F. Kennedy Jr., President Donald Trump’s nominee for health secretary, entered a ...

The U.S. Treasury on Thursday said it was withdrawing from the network of central banks and regulators focused on curbing ...

Economic growth was healthy in 2024, coming in at 2.8% compared to 2.9% in 2023. The continuing expansion is driven by ...

The Fed policy meeting and U.S. GDP report leave rate cut expectations steady and stocks are at risk if sentiment reverts to ...