The Federal Reserve's interest rate hikes aim to control inflation by making borrowing more expensive, thus reducing spending ...

Core inflation, which excludes more volatile energy, food, alcohol and tobacco prices, rose by 3.5% in the year to May.

U.S. retail sales report could sway Fed policy as weak consumer demand and tariff effects raise recession and stagflation ...

So what happens in 2025? We can expect additional interest rate cuts as the Fed continues to control inflation, with unemployment rates becoming the main focus for the FOMC. Lower rates will spur ...

By the way, our emergency fund used to exist only for actual emergencies, such as an unexpected medical bill or a blown tire on the side of the highway. As we've moved closer to retirement age, it's ...

Usually, as per economists, an increase of $10 per barrel on crude oil prices leads to about 0.4%-0.6% increase in inflation.