Diccon Hyatt

Key Takeaways Inflation was cooler than expected in December as prices for used cars fell, driving down the overall inflation rate. However, food prices rose at their fastest pace in more than three years. Tariffs hurt less than expected, with prices for ... See more

Key Takeaways If forecasters are correct, consumer prices likely rose 2.7% over the year in December, the same 12-month rate of increase as November. Core inflation, excluding food and gas, is expected to have rebounded to a 2.7% annual rate from 2.6% in ... See more

Key Takeaways The Federal Reserve received subpoenas in a criminal investigation of Fed Chair Jerome Powell on Friday related to his testimony in June about a renovation at the Fed's headquarters. The investigation appears to be an escalation of Trump's e... See more

Key Takeaways President Donald Trump posted a graph on social media Thursday night that revealed information about the as-yet-unpublished jobs report scheduled for Friday morning. The Bureau of Labor Statistics tries to prevent early release of informatio... See more

Key Takeaways Worker productivity rose at its fastest pace in two years in the third quarter, while workers actually lost buying power because pay raises didn't keep up with inflation. Economists said productivity growth is the key to raising standards of... See more