NBC News' Angie Lassman discusses the latest weather conditions in Los Angeles as five wildfires continue to scorch the area.

U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising ...

Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal ...

The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...

But minutes from their December meeting suggest that the decision was a close call — and that there is no guarantee ...

By Howard Schneider WASHINGTON (Reuters) -Inflation should continue falling in 2025 and allow the U.S. Federal Reserve to ...

Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Fed frets ...

The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...

A top policymaker at the US Federal Reserve says that he still supports reducing interest rates this year, despite elevated ...