An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, the first...
New home sales dropped for the fourth straight month in April, offering up another sign that the housing market is starting to slow. The drop...
Federal Reserve Chair Jerome Powell, fresh off winning Senate confirmation for a second term earlier in the day, acknowledged for the first time Thursday that high inflation...
Last week, the financial markets experienced the biggest wave of selling since June of 2020, as concerning retail earnings rehashed worries about the impact of...
The electric vehicle revolution is far bigger than Tesla and Ford (with its electric pickup) as the world’s top makers of heavy-duty trucks and powertrains including Navistar,...
WASHINGTON — Treasury Secretary Janet Yellen, responding to the recent sharp decline in the value of cryptocurrencies, said Thursday that additional federal regulation was needed...
Stocks fell in afternoon trading on Wall Street as investors received another dire readout on inflation. The S&P 500 fell 1.2% as of 12:01 p.m....
Inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial strain...
Just as Americans gear up for summer road trips, the price of oil remains stubbornly high, pushing prices at the gas pump to painful heights....
The ongoing housing boom—which has seen home prices climb 34% over the past two years—could soon wind down. At least that’s according to Mark Zandi, chief economist...