U.S. auto stocks and Asian battery makers fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle adoption.

The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.

Related: Despite interest rate cuts, mortgage rates rise for home buyers So it's happened this week. Both the Consumer Price ...

Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...

Time may be running out for Americans to capitalize on tax incentives created by the Biden administration's Inflation ...

Square’s quarterly restaurant report found that inflation peaked in April 2022 and has cooled to 4.3% for full-service and 3.6% for quick-service restaurants ...

Older Americans are carrying more debt than they used to and feeling inflationary pressure on their retirement savings — if ...

Andriana Kugler, a member of the Fed’s board, says economic research shows that an independent central bank typically does a ...

New data published by the U.S. Bureau of Labor Statistics shows inflation is growing at a lower rate in the Seattle area, ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and ...

Former and future President Donald Trump isn't in office yet, but his transition team is already taking aim at a cornerstone ...

Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax legislation, ...