Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.

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The Dow, S&P 500, and Nasdaq are falling Friday as the stock market digests the PCE inflation report and reacts to Trump's meeting with Ukraine's Zelensky.

All three US benchmarks were higher at midday as data leaves interest rate path unclear. Commodities slip. Bitcoin swings.

Beyond the dramatic drop in spending that could be explained as temporary, the report had good news on inflation and ...

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“If the US insists on having its own way, China will counter with all necessary measures to defend its legitimate rights and interests,” a spokesperson for the Chinese Ministry of Commerce said Friday ...

The Federal Reserve’s preferred inflation gauge cooled in January, if economists’ forecasts are right.

Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis ...

While the consumer price index is more well known, the PCE is used by the Fed in its forecasts. For now, the central bank is ...

The central bank wants to see further progress that price pressures are easing before it lowers interest rates again.