Food prices rose at a rate of 4.5% and transport prices rose by 1.7% in the 12 months to June, up from 0.7% in May.

If your high-yield savings account is for short-term or emergency savings, the rate drop doesn't mean you should stop contributing to the account -- it just means you won't earn as much in interest.

Federal Reserve Governor Christopher Waller said on Thursday he continues to believe the U.S. central bank should cut ...

Interest rates will remain in a holding pattern until late fall, at least, as inflation concerns balance fears of an economic ...

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.

This resilience, a Teflon-like superpower, is cause for celebration. It means that the twin scourges of recession and ...

This report examines the significant widening of global current account balances, analyzes developments in the international monetary system, and provides an external sector assessment of 30 of the ...

June retail sales, adjusted for seasonal variation and holiday and trading day differences but not price changes, came in at $720.1 billion, up 0.6% over May’s $715.5 billion and up 3.9% annually. And ...

The key to understanding mortgage rate movement is by looking at inflation and labor data and how that affects the bond market. Mortgage interest rates are closely tied to the 10-year Treasury.

With core inflation still high in many advanced economies, central banks may need to keep monetary policy tighter for longer than is currently priced in markets. In emerging market economies, progress ...