Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, Stifel's top economist said.

Consumer prices in the U.S. crept slightly higher in the month of April, according to a closely watched report released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index inched up by 0.

For the first time in its 2,000-year history, the Vatican has elected a pope from the United States ending the European dominance, whilst President Donald Trump's protectionist trade policies trigger the steepest cargo decline since the pandemic,

Gold bugs are popping up on a wider scale, with global demand for gold bars rising 13% year-over-year in the first quarter.

For months, American consumers and businesses have been hearing that President Trump’s massive tariffs would drive up prices and hurt the U.S. economy

Federal Reserve officials counseled patience before making any interest rate decisions before it is clear whether the inflation shock will be fleeting or more persistent.

U.S. homeowners are boosting spending on home renovation projects, bucking a broader pullback by consumers amid diminished confidence in the economy

Bitcoin gains traction as corporate BTC adoption soars and investors hold a critical view of systemic financial risks in the US. Institutional investor demand and corporate adoption may push Bitcoin higher despite recession fears. Investors’ belief that the US Federal Reserve will hold rates favors Bitcoin price upside.