Economy

Assets in emerging markets that are behind the curve in terms of interest rate increases are now seeing an influx of funds.

The slowdown in consumer spending, the main driver of the U.S. economy, adds to concerns about the economic outlook.

Economists don't tend to look at any given indicator in a vacuum. Instead, they consider a wide variety of data when making projections about the health of the economy.

He expects companies to take immediate action to improve capacity as soaring gas prices fuel record inflation.

Following in the footsteps of inflation-slayer Volcker, Powell openly endorses raising rates into restrictive territory with the aim of cooling off the labor market.

The producer price index for final demand increased 0.8% from April, and 10.8% from a year earlier, Labor Department data showed.