Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show up in consumer prices, the Commerce Department reported Friday.

The Federal Reserve’s preferred inflation gauge came in mostly in line with expectations in April, offering a small sign of progress in the central bank’s fight to bring price pressures under control.

Investors are winding down a volatile but winning week as President Trump’s trade war continues with China in the crosshairs, Elon Musk officially ends DOGE duties, U.S. Steel, Nippon Steel deal proceeds.

A cooler inflation reading from the month when President Trump's tariffs went full blast likely won't shake the Federal Reserve's stance of holding interest rates steady. The reason: Policymakers still expect price increases later in 2025.

Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, Stifel's top economist said.

A recent survey from Schroders showed the degree to which inflation is weighing on the minds of retired Americans.

Don't pop open the bubbly yet. The PCE index released Friday shows inflation easing to 2.1% annually in April, its lowest reading of the year. But it will likely reaccelerate for the remainder of 2025,

Wall Street inched toward tiny losses early Friday as markets digested a the government’s latest inflation data.