The Federal Reserve has now battled high inflation for nearly four years. Economists point to the Federal Reserve's rate cuts, rising oil prices, consumer psychology, and potential tariffs as ...

‘I thought clowns were monsters’ James McGill ... has suffered from globophobia, the fear of balloons, since he was a child When Ollie Gibbs and his family were invited to the first birthday ...

In one, he was a tender, clumsy and wordless red-nosed clown named Buffo. He sold out theaters around the world. Critics compared him to Charlie Chaplin and Harpo Marx. In another, he volunteered ...

Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high and underscoring that an encouraging slowdown in price increases last ...

Today’s much-worried-about CPI inflation reading was, contrary to the market’s fears, not too hot. Headline inflation rose from 2.8 per cent to 2.9 per cent in December, just as economists ...

Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases. Last month ...

The newest member of the Bank of England's interest rate-setting committee has made the case for up to four cuts this year following a surprise fall in inflation. Professor Alan Taylor used a ...

U.S. inflation showed signs of picking up in December, driven by the higher cost of gas, eggs and used cars, but underlying price pressures appeared to ease slightly, offering some relief for ...

The December Consumer Price Index report showed an acceleration in year-on-year total CPI inflation to 2.9%, the highest rate since July 2024. Meanwhile, core CPI remained sticky and elevated but ...

Wall Street closed higher on Wednesday, with all three major stock indexes posting their largest daily percentage gain since November 6, as investors cheered signs that inflation's still slowing ...

Core inflation rose 3.2% over the year, down from 3.3% in November, providing optimism for the trajectory of the cost of living. Cooler core inflation revived the possibility the Federal Reserve ...

Inflation in December was its highest since the summer, according to data released Wednesday morning, a sign of the lingering presence of higher prices for consumers, though economists did predict ...