Wall Street's main indexes closed lower on Friday after Federal Reserve Chair Jerome Powell pointed to a slower pace of ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.

Inflation is remaking America—again. It looms above all competing explanations for Donald Trump’s comeback. Despite the ...

But food and energy are excluded from the core inflation rate for good reason.

Stocks moved lower Friday, putting major indexes on pace to post weekly losses as the election-fueled rally that stocks to a ...

Strong U.S. economic and inflation data on Friday continued reshaping the debate among Federal Reserve policymakers over the ...

A 1.6% jump in sales at auto dealers drove much of the gain. Purchases climbed 2.3% at electronics and appliances stores and ...

The import-price index 0.3% last month. Economists polled by the Wall Street Journal had forecast a 0.1% decline. Import prices had fallen in September. If energy is excluded, import prices moved up 0 ...

Despite fluctuations in price, gold has remained a popular investment choice for many. This allure often raises a question: ...

Faced with another monthly round of stubborn inflation and uncertainty about fiscal, tariff and immigration policy ahead, the ...