The report on wholesale inflation came a day after the Labor Department reported that consumer prices last month rose 2.7% ...

Gold settled higher, boosted by fresh headlines in the saga surrounding President Trump’s dissatisfaction with Fed Chair Jerome Powell.

The New York Times said Trump waved a draft letter firing Powell at an Oval Office meeting late Tuesday. Trump had gathered a group of Republicans that had blocked a procedural vote that would have ...

Lorie Logan, president of the Federal Reserve Bank of Dallas, said in a speech Wednesday that she is content to leave ...

The producer-price index was flat last month, after rising by an upwardly revised 0.3% in May, more than previously thought, the Labor Department said.

U.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher.

CNBC on-air editor Rick Santelli revealed on Wednesday that inflationary wholesale prices came in “better than expected” in June. Santelli told his viewers on “Squawk Box” that the latest wholesale ...

The core PCE in the June report is forecast to rise 0.2% to 0.3% when it's released on July 29. Such an increase would be a bit too high to persuade most senior Fed officials to cut rates.

U.S. producer prices were unexpectedly unchanged in June as a tariff-driven increase in the cost of goods such as ...

President Donald Trump says it is "highly unlikely" he will fire Federal Reserve Chairman Jerome Powell "unless he has to ...

President Donald Trump will welcome Bahrain Crown Prince Salman bin Hamad Al Khalifa to the White House on Wednesday. It’s the latest example of how the president has courted Arab leaders from the ...

Wholesale prices in June saw their smallest year-over-year gain since September, the Labor Department reported Wednesday.