Chicago Federal Reserve president Austan Goolsbee expressed support for Jerome Powell and central bank independence when asked about pressure being applied from President Trump, saying the Fed chair ...

Slok said that he “absolutely” believes that inflation has already caused a “lift off” on consumer goods. Data released from the Bureau of Labor Statistics on Tuesday showed that inflation accelerated ...

Wall Street is drifting toward the finish of its third winning week in the last four. The S&P 500 rose 0.2% Friday after ...

The Sun-Times has been tracking prices for 35 grocery items since December. Our shopping cart's total tab is up by $11.

President Donald Trump has opened up a new front in his attack on the Federal Reserve and its chair, Jerome Powell: He says ...

MSCI's global equity index advanced slightly while U.S. Treasury yields dipped and Wall Street equities were barely changed ...

Fed Gov. Christopher Waller wants the central bank to cut short-term interest rates at its July meeting — and isn’t counting ...

New tariffs on key building materials and persistently high interest rates are squeezing project budgets and increasing costs ...

Consumer sentiment improved in July as inflation expectations subsided, showing consumers may be less worried about tariffs ...

Inflation accelerated in June, with the latest data showing that consumer prices rose 2.4% year-over-year. Shedding light on ...

Amid a fresh set of attacks on Fed Chair Jerome Powell came reports that President Donald Trump might fire the central banker ...

Crude oil futures were little changed on Friday on mixed U.S. economic and tariff news and worries about oil supplies ...