U.S. inflation accelerated last month, unwelcome news that make lower interest rates less likely any time soon.

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Fed Chairman Jerome Powell said Wednesday that the January CPI data fit with an overall picture that the Fed is “close but not there on inflation.” “Today’s report says the same thing,” he added. Last ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...

President Trump called on the Federal Reserve to lower interest rates in a post on his Truth Social platform Wednesday, following the hotter-than-expected inflation report. "Interest rates should be ...

Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy. Powell has put interest rate cuts on hold amid ...

Amazon stock fell below an entry point after its Q4 results featured a weaker-than-expected sales forecast. But analysts ...

Three people were arrested and two victims were rescued, including a 17-year-old, in a human trafficking operation lead by ...

Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak ...

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Ukraine’s President Volodymyr Zelenskyy is reported to be open for a deal with US President Donald Trump that would allow the ...