Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and ...

The Federal Reserve might be unable to lower its benchmark lending rate until late in the autumn, market-derived data ...

The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...

Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...

NBC News' Angie Lassman discusses the latest weather conditions in Los Angeles as five wildfires continue to scorch the area.

Inflation should continue falling in 2025 and allow the U.S. Federal Reserve to further reduce interest rates, though at an ...

Minutes from the most recent meeting of Federal Reserve policymakers showed uncertainty about the impact of President-elect ...

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Fed frets ...

The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...

Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal ...

The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...

"Inflation is stuck above target and risks are skewed to the upside. Economic activity is robust. We see little reason for ...