Inflation surges 7.5% on an annual basis, even more than expected and highest since 1982
The consumer price index was expected to increase 7.2% from a year ago, according to a Dow Jones economist survey.
The consumer price index was expected to increase 7.2% from a year ago, according to a Dow Jones economist survey.
Atlanta Fed President Raphael Bostic told CNBC on Thursday after the inflation report, "My views have not changed."
U.S. government officials said synthetic opioids are akin to “a slow-motion weapon of mass destruction.”
Too much of a good thing, in the form of rapidly rising wages, is expected to push Federal Reserve interest rate hikes at an even...
Total debt at the end of the year came to $15.6 trillion, an increase of $333 billion in the fourth quarter and just over $1...
Mortgage rates have been rising swiftly, and that has borrowers rushing in to get the last of the low rates.
The U.S. added over 450,000 jobs last month amid strong demand for workers at restaurants, retailers and mail and parcel delivery companies.
Nonfarm payrolls were expected to increase 150,000 in January, according to economists surveyed by Dow Jones.
Senate Republicans on Thursday peppered Sarah Bloom Raskin with questions over whether she would steer the institution into climate change.