On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge ...
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 ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an ...
The economy's robust end to 2024, supports the Fed's decision to hold rates steady amid cooling inflation expectations. Check ...
"We want to be the acquirer of choice," the bank's CEO said of the company's first acquisition since its 2021 merger.
“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 ...
After the DeepSeek-induced ruction on Tuesday, Big Tech earnings reminded investors that it might be better to focus on ...
Revenue rose 10% from a year ago to $9.5 billion. The firm is sticking with the strategy, which includes backing data centers, after it drove near-record earnings. The credit-card company easily beat ...
The U.S. Treasury on Thursday said it was withdrawing from the network of central banks and regulators focused on curbing ...
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under a Trump administration.