The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.

The headline index was up 2.3% year-over-year, as expected.

Consumer spending in May fell for the first time this year, the Commerce Department reported Friday, indicating that ...

Vladimir Putin has hinted at his desperation for inflation in Russia to decrease. On June 20, the Russian President said that ...

The US Federal Reserve’s (Fed) preferred inflation measure logged a mild uptick on Friday while spending weakened, triggering ...

Urban consumption is being supported by increased leisure and business travel, as seen in the rise of air passenger traffic ...

Fed Chair Jerome Powell defends the interest rate pause amid concerns about tariff-driven inflation. Here’s what this means ...

But what would make the 2026 cost-of-living adjustment special is that it would mark the fifth consecutive year of at least a ...

The US Federal Reserve's preferred inflation measure logged a mild uptick Friday while spending weakened, triggering another tirade by President Donald Trump against the central bank chair for not ...

US stocks hit record highs as S&P500 and Nasdaq surge. Trade hopes, inflation data, and tech stocks drive a bullish forecast ...

Vanguard, the investment firm, predicts the U.S. stock market as a whole will rise by an underwhelming 3.8% to 5.8% a year ...

The threat of more severe tariffs continues to hang over the economy. The current pause on a round of retaliatory tariffs ...