At 12:10 p.m. ET, most-active April NYMEX West Texas Intermediate crude oil fell $1.60 to around $71.50/bbl, and front-month March WTI also slid $1.65 to $71.65/bbl. London-based ICE Brent crude for ...

Federal Reserve Chair Jerome Powell said Wednesday that the January consumer-price index data fit with an overall picture ...

WASHINGTON (AP) — U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a disappointment for families and businesses struggling with higher costs and likely ...

Federal Reserve Chair Jerome Powell says the US has made progress toward 2% inflation but isn't quite there yet during a House Financial Services Committee hearing.

A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...

Donald Trump on Wednesday morning dismissed a hotter-than-expected inflation report as 'Biden inflation' after making another ...

A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...

America's defence secretary Pete Hegseth said it is 'not realistic' to think Ukraine will return to its pre-2014 borders.

Federal Reserve Chair Jerome Powell said Wednesday’s inflation report offers the latest reminder that the central bank has made “great progress” towards bringing inflation closer to its goal but, ...

Oil prices fell in Wednesday's morning session, ending three days of gains thanks to rising U.S. crude stockpiles and hawkish ...