Inflation rose to 2.6% in Fed’s preferred gauge in December
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
Post office is closed but what about Publix? See what's open, closed on Presidents Day in Florida
After Groundhog Day and Valentine's Day pass next month, certain Floridians will celebrate Presidents Day. Here's what will be open and closed ...
The World Economy Awaits Trump’s First Round of Tariffs
According to Tom Kloza, the global head of energy analysis at Oil Price Information Service, if fuel producers respond to the ...
WKTV2h
National and International News in Focus: Jan.31
Police boats have returned to the Potomac River as part of the recovery and investigation after the United States’ deadliest ...
PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
PBS3h
Miss the confirmation hearings for Patel, Gabbard, RFK Jr.? Here are takeaways
President Donald Trump’s most controversial Cabinet nominees — Robert F. Kennedy Jr., Tulsi Gabbard and Kash Patel — flooded the zone Thursday in back-to-back-to-back confirmation hearings that were ...
The Fed Is Sitting on the Sidelines, but for How Long?
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
U.S. inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Key Fed measure shows core inflation at 2.8%, in line with expectations
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...
Fed’s Bowman Skeptical That Central Bank Still Very Restrictive
Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...