Inflation is getting closer to the Federal Reserve's 2% target.

Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.

The rate of inflation fell slightly to 3.4% in May despite the fastest jump in food prices for more than a year.The Consumer ...

WASHINGTON (AP) — Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many business owners expect ...

Inflation cooled for the third straight month in April even after some of Trump's tariffs took effect, though economists and ...

Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many business owners expect inflation will climb by ...

April's PCE report comes as investors are closely watching for any inflationary impacts from President Trump's tariffs.

New data from Statistics Canada shows the first impacts of the April removal of the consumer carbon price, and tariffs on ...

The Bureau of Labor Statistics reportedly reduced the number of businesses at which it checks prices for the benchmark ...

CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...