Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...

A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.

The decline in the personal consumption expenditures index from 2.6% the month before was in line with expectations.

Employee recruitment and retention is on the minds of many in the franchisor community, with the majority citing hiring as a ...

A DC-based restaurateur has been forced to shell out an extra $20,000 each week as a rampant bird flu outbreak causes ...

Vital Farms stock rose Friday after the premium egg producer reported fourth quarter results and delivered an update on the bird flu-caused egg shortages.

Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.

Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.

The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, ...

U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record ...

CDs offer terms ranging from just a few months to multiple years. The rate you earn, known as annual percentage yield (APY), ...

Federal Reserve Bank of Chicago President Austan Goolsbee lauded the recent increase in productivity growth, but warned that ...