American lobster prices are swelling as the summer fishing season gets off to a slow start in New England.
Consumer prices recorded their largest increase in more than two years in May as gas prices surged, suggesting a trend in lower prices had run its course.
The economy is growing moderately after a winter swoon and likely strong enough to support an interest rate increase by year-end, Fed officials say.
A bird flu outbreak in the Midwest that's boosted prices for eggs and roasting turkeys has actually resulted in cheaper chicken in the U.S., a report shows.
Expect a higher bill if you purchase one of these items -- like ubiquitous breakfast eggs. But there's good news for bacon lovers.
The IMF urged the Federal Reserve to wait until the first half of 2016 to start raising short-term interest rates because the U.S. economy remains subpar.
The Federal Reserve says the economy was growing at a moderate pace in most regions of the country in April and May, helped by gains in consumer spending.
Consumer spending unexpectedly stalled in April as households cut back on purchases of automobiles and continued to boost savings.
Fed Chair Janet Yellen says she expects the central bank to raise rates this year as the economy was on course to bounce back from a sluggish first quarter.
Consumer prices moderated in April on weak gasoline prices, but rising shelter and medical care costs boosted underlying inflation pressures.
Officials at the Federal Reserve's April policy meeting believed it would be premature to raise interest rates in June, minutes from the meeting show.
Drivers pay an average of 41 percent more for car insurance after making a single claim, according to the second annual study by insuranceQuotes.com.
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, and producer prices resumed their downward trend in April.
The impact of California's drought could reach its way into nearly everyone's checkbook in the coming years, and might be felt in ways you never saw coming.
The trade deficit surged to its highest level in over 6 years in March as imports rebounded after being held down by a labor dispute at West Coast ports.
Single-family home prices rose in February from a year earlier, led by strong increases in the western half of the nation, a closely watched survey says.
Consumer prices rose for a second straight month in March as the cost of gasoline and shelter increased.
Fed officials acknowledged risks to the economy in March's meeting but remained confident enough in the recovery to continue a planned rate hike this year.
More research is needed to understand what policies allow people to move up the economic ladder and what holds them back, Fed Chair Janet Yellen says.
Ben Bernanke, who spent eight years as the head of the nation's central bank carefully watching his every comment, is getting a new title - blogger.
Consumer spending barely rose in February as households boosted savings to their highest level in more than two years.
An interest rate hike by the Federal Reserve may be warranted later this year, with a gradual path expected to follow, the central bank's chief says.