The war on inflation could be in for a major setback due to the Iran war. The Consumer Price Index this week is expected to show March prices rose at a 3.3% annual pace, the average of six separate ...

The Fed-favored inflation measure, the PCE price index, which includes food and energy, jumped by 0.38% in February from January (+4.6% annualized), the biggest jump in a year. Year-over-year, the PCE ...

Governor says decision to keep rates at 3.75% reasonable given unpredictability of events unfolding in Middle East ...

There were some encouraging economic developments this week that millions of Americans likely warmly welcomed. The unemployment rate in January, for example, declined to 4.3% as employers added more ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...