Among the first 10 drugs selected for price negotiations under the 2022 Inflation Reduction Act, cardiometabolic medications ...

An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...

“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

That’s according to an analysis of the Bureau of Labor Statistics 2022 Consumer Expenditure Survey by Deposit Accounts, a ...

Economic growth came in pretty strong for the fourth quarter. GDP rose at an annual rate of 2.3%. And consumer spending rose ...

This story has been updated with additional details. The Federal Reserve’s preferred inflation measure surged as predicted ...

The year-end splurge drove a 4.2% advance in consumer spending in the fourth quarter — the biggest gain in almost two years.

One great habit to fall into is tracking your spending with a budget. In 2024, a good 90% of Americans were following a ...

Consumer spending is the locomotive of the U.S. economy and finished out 2024 on a hot streak. The increase in purchases in the fourth quarter was the strongest in almost two years. Lots of the ...

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an ...