Economic Indicators

The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended closer to the central bank's target.

The average rate on the 30-year fixed mortgage rose this week to 6.89%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.86%.

Weekly jobless claims in the U.S. increased more than expected in May to a seasonally adjusted 240,000 for the week ended May 24, according to the Labor Department.

Consumer confidence in the U.S. rose for the first time in five months amid optimism about trade deals and improving expectations about business conditions.

Gas prices are falling to a four-year low as Americans prepare for Memorial Day weekend. AAA estimated that there will be 45.1 million travelers, of which 39.4 million will drive.

The average rate on the 30-year fixed mortgage rose this week to 6.86%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.81%.

Klarna's losses double even as buy now, pay later services grow in popularity. Experts have warned that these services can be a ticket to overspending.

Moody's downgrade of the U.S. credit rating made it the third of the three major ratings agencies to downgrade U.S. credit since 2011 amid widening budget deficits.

The University of Michigan's Consumer Sentiment Index fell again in May after economists expected a modest increase. Consumer sentiment is at its lowest level in nearly three years.

The average rate on the 30-year fixed mortgage rose this week to 6.81%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.76%.

Fed Chair Jerome Powell spoke about how the central bank's monetary policy framework could shift if inflation is more volatile and supply shocks more common.

JPMorgan reduced its forecast for the chance of a recession this year after the U.S. and China temporarily lowered the higher tariffs they imposed.

Getting behind the wheel is about to get more expensive, with tariffs poised to raise the price of car insurance by nearly 10% later this year.

The Bureau of Labor Statistics' latest consumer price index report showed that inflation ticked slightly higher in April as tariffs begin to have an economic impact.

Anheuser-Busch announced its latest goal of investing $300 million in its facilities across the U.S. on Monday, a move it said will bolster manufacturing jobs throughout the nation.

A recent study indicates that Californians could be paying as much as $8.43 per gallon of gas next year, as two refineries in the state have plans to shutter.

The average rate on the 30-year fixed mortgage remained flat this week at 6.76%, according to the latest data from mortgage buyer Freddie Mac released on Thursday.

Interest rates hold steady as the Fed studies the impact of economic tariffs.

Toyota held an earnings press conference, talking about impacts of tariffs by President Donald Trump. The company's earnings look much different from last year.

Economic uncertainty surrounding President Donald Trump's tariffs has raised concerns about stagflation hitting the U.S. economy through slow growth or contraction as well as higher prices.