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WASHINGTON, June 30 (Xinhua) -- U.S. personal consumption expenditures (PCE), the Federal Reserve's preferred inflation measure, rose 6.3 percent in May over the past year, the Commerce Department reported on Thursday.
New orders for U.S.-made capital goods and shipments increased solidly in May, pointing to sustained strength in business spending on equipment in the second quarter, but rising interest rates and...
Consumers are watching their pennies at the gas station and grocery store as consumer prices surged 8.6% in May, pushing the annual inflation rate to its highest in over 40 years.
Consumers are watching their pennies at the gas station and grocery store as consumer prices surged 8.6% in May, pushing the annual inflation rate to its highest in over 40 years.
Updated June 10, 2022 at 9:51 AM ETWASHINGTON, D.C. (NPR) -- Clay Watkins loves LaCroix brand sparkling water — especially the watermelon flavor.So the suburban Chicago school teacher was ex