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The PCE price index was expected to show a 2.5% annual inflation rate in November after rising 0.2% monthly.

Russia's central bank on Friday left its key interest rates unchanged at 21%, citing monetary tightness as Moscow wages its ongoing battle with sky-scraping inflation.

Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services inflation and wage growth.

UK inflation data comes after wage growth quashed any last expectation for a final 2024 rate cut from the Bank of England.

Traders are pricing in a near-certainty that the Fed on Wednesday will lower its key rate by a quarter point.

Since September, the rial has suffered the ripple effects of hits to Iran's proxies, as well as the November election of Donald Trump to the U.S. presidency.

Fifty-three percent of Gen X parents are concerned their kids won't be fully financially independent into adulthood, U.S. Bank data reveals.

It marked the country's second consecutive economic downturn, following a 0.1% GDP decline in September.

If President-elect Donald Trump is going to push inflation back down to a more tolerable level, he will need help from housing costs.

For the month, the deficit totaled $366.8 billion, 17% higher than November 2023 ...