Economy

Even with the latest decline in inflation, real earnings have stagnated over the past year.

Consumers are feeling the pinch of inflation, but many aren't totally giving up on treats like vacations.

Inflation in the U.S. might be easing, but that doesn't mean it's good.

All of the spending on the AI infrastructure buildout is contributing to economic growth. But that kind of investment won’t necessarily support the broader economy over the long-run.

Three big banks reported on Tuesday that credit card spending is up. According to Bank of America, its customers charged more on travel and entertainment, along with necessities like gas.

The surprisingly strong CPI numbers mean the Fed is likely to hold interest rates steady at its next meeting in July.

Fresh CPI figures showed that consumer prices actually fell 0.4% month over month in June.

Hay yields in the U.S. may see a hit resulting from drought in the West and extreme rain in parts of the Midwest.

Banks are making money on the AI and stock market boom, whether by directly financing companies, facilitating stock trades, or managing IPOs.

With the CPI at 4.2% in May, some economists think inflation is near its peak. But structural pressures could keep prices elevated longer.