U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.
The big test for product comes in 2026, when VW tries to play catch-up in electric vehicles with four models priced below 25,000 euros, according to industry analyst Matthias Schmidt. The U.K.'s ...
Change in gross domestic product over time is perhaps the most comprehensive and widely cited indicator of overall economic health for any country or region. And by this measure, the U.S. has ...
A barrel of Brent fell to USD76.26 early Friday from USD77.18 at the time of the London equities close on Thursday. An ounce of gold rose to USD2,794.27 from USD2,793.57. Gold rose as high as USD2,799 ...
Treasury yields were down Thursday morning, but pared declines as investors weighed a report showing U.S. economic growth expanded slightly less than expected in the fourth quarter. The yield on the ...
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the second quarter of 2024, according to the ...
The US economy expanded at a solid pace at the end of 2024, fueled by a generous tailwind from consumer spending that more than offset drags from a strike at Boeing Co. and much leaner inventory ...