January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.

Asian markets mostly rose Thursday and oil prices extended losses as forecast-topping US inflation was overshadowed by hopes ...

LOS ANGELES (KTLA) – A deadly crash involving a wrong-way driver forced the closure of the southbound 405 Freeway through the ...

LOS ANGELES (KTLA) – A deadly crash involving a wrong-way driver forced the closure of the southbound 405 Freeway through the ...

U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and ...

The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the previous month.

Powell is back on Capitol Hill, appearing before the House Financial Services Committee after the release of ...

Powell defended the central bank’s independence from elected lawmakers’ desires. “Research over many, many years…shows that ...

U.S. stock futures are little changed as investors watch for January inflation data, and Fed Chair Jerome Powell is set to ...

London stocks were still flat by midday on Wednesday ahead of the latest US inflation reading. The FTSE 100 was steady at 8,780.40. Russ Mould, investment director at AJ Bell, said: "US inflation ...

U.S. Federal Reserve Chairman Jerome Powell will testify before the House Committee on Financial Services in Washington after his testimony before the Senate Banking Committee on Tuesday. Read more he ...