US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.

A December reading from the Fed's preferred inflation gauge, PCE, came in as expected, showing prices rising 2.6% through last year, or 2.8% excluding food and energy costs. Bitcoin traded above ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...

The Personal Consumption Expenditure index shows prices are up by 2.6% annually. The Federal Reserve is seeing positive economic indicators despite erratic inflation. Just two days after the Federal ...

The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.

The monthly CPI indicator rose 2.5% in the 12 months to December. The top contributors to the annual movement were Food and non-alcoholic beverages (+2.7%), Alcohol and tobacco (+5.8%), and Housing ...

February 12, 2025 • Experts analyzing the painting have several theories about why this unidentified woman has remained submerged for more than a century.

A major exhibition featuring over 130 works by ten important Brazilian artists from the twentieth century, capturing the diversity of Brazilian art at the time. In the early 20th century a new modern ...

These little gizmos are excellent if you want to pump up your tyres FAST. They're incredibly simple, all of them act as a valve. Screw a CO2 canister on one end, screw the other onto your valve ...

The Chronicle for Higher Education claims IU president Pamela Whitten’s doctoral dissertation contained copied language. A bill at the statehouse would ban diversity, equity and inclusion ...

Martin received $5 million in the 2023-25 state budget, which the university used to attract and retain Black students to its teaching, criminal justice and STEM programs.

SINGAPORE – Singapore’s core inflation extended its decline in December 2024 as the cost of services moderated, though the gauge came in above analysts’ expectations. Core inflation ...