Ty Roush is a breaking news reporter based in New York City. Consumer prices increased 4.2% from May 2025 and 0.5% between April and May, the Bureau of Labor Statistics reported, matching consensus ...

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Indonesia’s central bank snapped a long-running pause to deliver its first rate hike in over two years, making a pre-emptive strike against the inflation threat posed by the conflict in the Middle ...

Violent crime fell across the United States in 2025 at rates not seen in close to a century, findings from the FBI showed. Murder and non-negligent manslaughter plummeted by more than 18% nationwide ...

Though mortgage rates have bounced around lately, rising and then falling shortly after, overall, these borrowing rates have remained in the 6% range for the better part of the last few years — at ...

The recent surge in inflation is likely to get worse over the next several months, according to a survey Friday from the nation's top economists. Consumer price inflation is projected to hit 6% for ...

OTTAWA, May 8 (Reuters) - Canada's unemployment rate rose to a six-month high in April to 6.9% as the economy lost a ‌net 17,700 jobs, Statistics Canada data showed on Friday, indicating continued ...

Central bank says cut is last in easing cycle Split vote reflects bank governors' concerns over inflation, weak economic growth Inflation eased in April but remains above target Economy shrunk in the ...

A key measure of inflation used by the Federal Reserve to set interest rates posted the biggest increase in March in almost three years, marking another major hurdle for a resilient but harried U.S.

The core PCE price index, the Fed's preferred inflation gauge, accelerated a seasonally adjusted 0.3% for the month, pushing the 12-month inflation rate to 3.2%. Headline prices rose 0.7%, putting the ...

It was Jerome Powell’s final policy-setting meeting as Federal Reserve chair, but he’s not ready to exit the stage entirely. The central bank kept the federal-funds rate unchanged in today’s meeting, ...