New research from Bank of America finds that the top 10 percent of earners account for 70 percent of discretionary spending.

High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce ...

Americans’ expectations for inflation over the near and medium term rose in June amid strong increases anticipated for ...

The personal consumption expenditures price index was expected to show a 4.1% annual increase.

Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.

By Lucia Mutikani WASHINGTON, June 25 (Reuters) - U.S. inflation increased further in May, breaking above 4.0% for the first ...

A closely watched inflation report is set to reveal how much price growth picked up in May — as many Americans remain mired in an affordability crunch.

Former St. Louis Fed President Jim Bullard, now Dean of the Mitch Daniels School of Business at Purdue University, believes the Federal Reserve is likely to resume tightening later this year despite a ...

The Federal Reserve's preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising ...

Here are four surprising ways inflation impacts the ultra-wealthy, and, more importantly, what that means for your money in ...

CAIRO, July 7 (Reuters) - Egypt's headline inflation rate is expected to have climbed to 15.1% in June from 14.6% in May, a ...