Economy

"Russia's going to face an insurance and financial services ban. ... Why should they retaliate for an initiative that enables their oil to continue to flow through to world markets at a price that is profitable?"

Fastest-rising CPI in four decades amps up pressure on the Fed to go big with interest rates.

How President Joe Biden's budget reconciliation bill shakes out will influence what else Congress can accomplish before the midterms.

Assets in emerging markets that are behind the curve in terms of interest rate increases are now seeing an influx of funds.

The slowdown in consumer spending, the main driver of the U.S. economy, adds to concerns about the economic outlook.

Economists don't tend to look at any given indicator in a vacuum. Instead, they consider a wide variety of data when making projections about the health of the economy.

He expects companies to take immediate action to improve capacity as soaring gas prices fuel record inflation.

Following in the footsteps of inflation-slayer Volcker, Powell openly endorses raising rates into restrictive territory with the aim of cooling off the labor market.