inflation

The Federal Reserve's key inflation measure rose more than expected in February while consumer spending also posted a smaller-than-projected increase, the Commerce Department reported Friday.The core personal consumption expenditures…

A shopper pays with a credit card at the farmer's market in San Francisco on March 27, 2025.Bloomberg | Bloomberg | Getty ImagesThe deterioration in consumer sentiment was even worse than anticipated in March as worries over inflation…

Lululemon store in Manhattan, New York City, U.S., on July 15, 2024.Beata Zawrzel | Nurphoto | Getty ImagesLululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed…

Salt Lake City has become a thriving metropolis with a booming population and plenty of job opportunities in banking and tech.Many residents, like former Gov. Michael Leavitt, point to the 2002 Winter Olympics as the catalyst for the…

Chicago Federal Reserve President Austan Goolsbee said Friday he still sees interest rate cuts in the cards though risks are rising to that outlook.Speaking two days after he and his colleagues again voted to keep short-term rates…

Vithun Khamsong | Moment | Getty ImagesIt is becoming harder for Americans to raise funds in case of an emergency, according to a recent survey from the New York Federal Reserve.The bank's Survey of Consumer Expectations for February…

The "good ship Transitory," despite an ominous record, appears ready to sail again for the Federal Reserve.Economic projections the central bank released Wednesday indicate that while officials see inflation moving up this year more…

Cosmetics giant Estee Lauder is in the process of a multiyear turnaround plan that's expected to cost between $1.2 billion and $1.6 billion.The move comes after the company's stock has tumbled more than 80% from its all-time high of…

Treasury data shows City forecasters expect GDP growth of 1% this year  By MIKE SHEEN Updated: 14:14 EDT, 19 March 2025 <!-- --> <!-- --> <!-- -->…

Wholesale prices were flat in February providing some more welcome news on inflation amid tariff fears, the Bureau of Labor Statistics reported Thursday.The producer price index, considered a leading indicator for pipeline inflation…