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July CPI: Consumer-level prices up 3.2%, but well below year-ago levels

Consumer-level prices in the U.S. economy, the world's largest, ticked up for the first time in more than a year, though core inflation showed a modest contraction, the government said Thursday. ....

Michelle Bowman , Joe Biden , Federal Reserve , Bureau Of Labor Statistics , Consumer Price Index , Labor Statistics , Wall Street , James Knightly , Top Stories , Joe Biden , Federal Reserve ,

New U.S. jobless claims rise, but offset by decline in the four-week average

Weekly data published Thursday on the U.S. labor market showed an increase in first-time claims of joblessness, though the four-week moving average showed an offsetting decline. ....

Nela Richardson , Us Labor Department , Federal Reserve , James Knightly , Top Stories , Federal Reserve ,

Dollar Sinks to 14-Month Low As Waning Inflation Kills Rate-Hike Bets

The US dollar tumbled to a 14-month low as rapidly falling inflation fueled expectations that the Federal Reserve's interest-rate increases will end soon. ....

Chris Turner , Terms Of Service , Federal Reserve , Wall Street , Silicon Valley , James Knightly ,

Dollar sinks to a 14-month low as waning inflation kills bets for further Fed interest-rate increases

The US dollar tumbled to a 14-month low as rapidly falling inflation fueled expectations that the Federal Reserve's interest-rate increases will end soon. ....

Chris Turner , Federal Reserve , James Knightly ,