Consumer spending, which comprises the largest share of economic activity, advanced at a 4.2% pace — the first time since late 2021 that outlays have exceeded 3% in consecutive quarters.

Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy.

With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.

The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...

The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...

While jobs and inflation top consumer concerns in 2025, business leaders are scrutinizing what tariffs may mean for textiles ...

The US Department of Transportation is blaming the higher costs of new cars on recent regulations. The newly confirmed head ...

US stocks fall after the Fed held rates steady but suggested the inflation drop has stalled. Meta, Tesla and Microsoft report ...

The Fed paused as expected, citing a strong labor market and inflation still "elevated." Chairman Jerome Powell is on tap. The S&P 500 fell.

Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.