Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...

President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Former Treasury Secretary Larry Summers on Wednesday offered a warning about inflationary threats under the Trump ...

Gold prices slipped on Wednesday after rising to an all-time high in the previous session, as Federal Reserve Chair Jerome ...

Investors are braced for more Trump tariffs as focus turns to inflation and Fed Chair Jerome Powell's Senate testimony.

The U.S. consumer price index (CPI) rose by 0.5 per cent in January, hotter than what economists were expecting. The ...

The Canadian Dollar (CAD) remains buried within consolidation against the Greenback. The Loonie briefly fell to its lowest ...

Expanding its capacity would also avoid the risks of stalled new projects, the analyst team wrote. “A government-backed ...

Wall Street opens sharply lower on hotter inflation data; House subcommittee hearing on Elon Musk’s DOGE underway on Capitol ...

While Trump has kept up his campaign-era riffs on this front, he has largely dropped any talk of taming inflation and grocery ...