Andrew Moran

Price pressures persist for U.S. firms due to soaring global energy costs.

The national average for a gallon of gas is $4.53.

The two leaders discussed a wide range of issues during the Beijing summit, including economic cooperation, fentanyl, Taiwan, and Iran.

Initial jobless claims continued to hover around historically low levels amid labor market resilience.

Prices of Chinese goods imported into the United States rose by the highest percentage since July 2008.

Consumer spending remained robust, even excluding the pain at the pump.

‘Powell’s legacy will be one of admirable steering of monetary policy during an increasingly shaky time for the U.S.,’ one top economist says.

The 12-member cartel anticipates global oil demand will remain robust this year.

The Senate voted 54–45 to confirm his four-year term as the 17th Fed chair.

Energy and services fueled a spike in wholesale inflation.