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Federal Reserve minutes: Policymakers saw a longer path to rate cuts 

WASHINGTON (AP) – After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take...

Long-term mortgage rates retreat for second straight week

The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief to home shoppers already facing...

Retail sales were unchanged in April from March as inflation and...

NEW YORK (AP)  – Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking...

Wholesale price increases accelerated in April as inflation remains sticky 

WASHINGTON (AP) – U.S. wholesale prices rose sharply last month, a sign that inflation pressures remain stubbornly high after three elevated readings in consumer prices...

Are U.S. interest rates high enough to beat inflation? The Fed...

WASHINGTON (AP) – The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several...

U.S. consumer sentiment drops to 6-month low on inflation, unemployment fears 

WASHINGTON (AP) – U.S. consumer sentiment fell sharply in May to the lowest level in six months as Americans cited stubbornly high inflation and...

U.S. employers scaled back hiring in April but still added 175K...

WASHINGTON (AP) – The nation's employers pulled back on their hiring in April, adding a modest 175,000 jobs in a sign that persistently high...

Federal Reserve leaves interest rates unchanged

WASHINGTON (AP) – The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn't plan to...

U.S. consumer confidence continues to decline as Americans worry about the...

WASHINGTON (AP) – U.S. consumer confidence deteriorated for the third straight month as Americans continue to fret about their short-term financial futures with prices...

Fed’s preferred inflation gauge shows price pressures stayed elevated last month 

WASHINGTON (AP) – A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to...
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