Wage growth for a large swath of Americans is being outpaced by the rate of inflation, according to data from Indeed, which reported people with low- and middle-paying jobs are likely feeling the most ...

Key insight: Americans earned more and spent even more in August, pushing the savings rate down. Supporting data: Income rose, spending jumped and the PCE price index increased month-over-month.

The Federal Reserve last week began cutting rates over fears the labor market has softened sharply, but this week’s economic data could provide an antidote in the form of a strong reading on gross ...

Recent economic data show that cumulative wage gains have finally surpassed the sharp rise in consumer prices that has plagued the economy for several years. This milestone marks the first time since ...

The latest personal-consumption expenditures price index was published at 8:30 a.m. Eastern time today. Here's a quick glance at the November numbers: Headline M/M: Increased by 0.1% vs. 0.2% gain ...

A series of strong economic reports on inflation and jobs have investors more concerned about inflation in 2025 than they were just a few months ago. Sticky inflation and a strong economy are ...

Inflation is weighing on US incomes to a degree comparable to the 2008 Great Recession – potentially reducing consumer spending power ahead of the crucial holiday shopping season, according to a ...