Inflation slows significantly as gas prices drop in July

(NEW YORK) -- Inflation data released on Wednesday revealed that price increases slowed in July, easing the strain on household budgets as the Federal Reserve fights inflation with a series of borrowing cost hikes. While still elevated, price hikes waned from the near-historic pace reached... Read More.

July inflation data to show latest on sky-high prices

(NEW YORK) -- Inflation data set for release Wednesday will show whether sky-high price increases accelerated or waned in July. The new data arrives as costs strain household budgets, and the Federal Reserve tries to dial back inflation with a series of interest rate hikes... Read More.

What to expect from the July jobs report

(NEW YORK) -- Wall Street will be closely watching the new U.S. employment data on Friday, the latest sign of whether the U.S. economy is entering a recession as the Federal Reserve carries out a fight against inflation that aims to slash demand by... Read More.