The South African Reserve Bank's recent decision to lower the prime lending rate to 10. 5% offers a glimmer of hope for ...

The core index that omits energy and food costs also rose by 0.3% in June, but the annual rate ticked up to 2.8% from 2.7% ...

The latest employment-cost-index data is in line with other wage metrics. Both the Atlanta Fed’s wage growth tracker and the ...

Analysts say they believe import costs will likely accelerate in the next few months or years and have an oversized effect on ...

Initial jobless claims rose by only 1,000 to 218,000 in the week ended July 26, the Labor Department said Thursday. Claims remain well below the 237,000 average in May and June. The gain was less than ...

The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the ...

President Trump wants the Fed to slash borrowing costs, but the central bank is unlikely to take such aggressive steps even ...

The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.

The Federal Reserve left its benchmark interest rate unchanged for the fifth straight meeting Wednesday amid tremendous pressure from President Donald Trump to reduce borrowing costs. For the first ...

According to a recent Zillow analysis, there are now more homes for sale than at any point since 2019. Fed Chair Jerome Powell summed up the situation during a news conference Wednesday: “Activity in ...