The Commerce Department reported that PCE inflation remained elevated in August at a level well above the Federal Reserve's 2% target.

Consumer spending surged in August by 0.9%, and strong demand can keep pressure on prices even if the PCE Price Index report had a better outcome than predicted.

The Federal Reserve's preferred measure of inflation came in lower for August than it had in earlier months, but a recent methodology change raises questions about the strength of the signal.

The Federal Reserve's preferred inflation gauge delivered a closely watched update.

Some of the pressure that’s ballooned in the bond market is easing on Wednesday after a report said inflation across the United States wasn’t as bad last month as economists expected.The better-than-expected data helped shorter-term Treasury yields slow their pressure-cranking jumps,

Stocks drifted lower on Wall Street as long-term Treasury yields ticked higher

Some of the pressure that’s ballooned in the bond market is easing after a report said inflation across the United States wasn’t as bad last month as economists expected. The

Stocks held steady in morning trading on Wall Street Tuesday as Treasury yields remained relatively stable and oil prices fell. The S&P 500 was mostly unchanged. The Dow Jones Industrial Average fell 81 points,

Iran’s currency fell to a new record low on Tuesday, with traders in Tehran exchanging more than 2.5 million rials to the U.S. dollar in a stark reflection of how the war in the Middle East has steadily eroded the Iranian economy.

The U.S. blockade targeting Iranian oil exports has restricted Tehran's access to foreign currency while compounding years of inflation, sanctions and economic instability.

Iran’s currency fell to a new record low on Tuesday, with traders in Tehran exchanging more than 2.5 million rials to the US dollar in a stark reflection of how the war in the Middle East has steadily eroded the Iranian economy. The latest decline came just 27 days after the rial hit its previous record low of 2.2 million to the dollar on Sept. 2. The currency has repeatedly reached new lows since the war began in February. The Iranian economy...

Iran's Revolutionary Guard is urging Americans to protest against Donald Trump, claiming his Middle East policies have failed

As the Pentagon prepares to downgrade or eliminate senior billets by January 1, 2027, Trump officials are discussing Russian energy and economic cooperation while Moscow's war on Ukraine continues.

Oil prices surged after Donald Trump made a bold claim about Iran that shifted the market’s direction. The president denied reports of offering sanctions relief, while Qatar pushed for diplomatic breakthroughs amid ongoing Middle East tensions.

Iran-US war live: Oil prices rise after Trump says he has offered Tehran ‘nothing’ in peace talks - Iran's Revolutionary Guards urge American voters to punish Trump at the ballot box in November midterms

U.S. stocks swung as Iran-war energy concerns and rising Treasury yields—at multi-decade highs—stoked inflation fears and weighed on equities. Softer-than-expected inflation data, easing oil prices and Fed officials’ calls for patience later reduced expectations of another near-term rate hike,