U.S. economy news, events & figures

Alan Greenspan, longtime Federal Reserve chairman, dies at 100

Alan Greenspan, who chaired the Federal Reserve for nearly two decades under four presidents, died Monday at 100 from complications of Parkinson’s disease.

U.S. gas prices dip below $4 for first time in nearly three months

The U.S. average for regular gas fell to $3.99, its lowest level since March 30, after weeks of oil-market pressure tied to the war in Iran.

Wholesale prices jump 1.1% in May as energy costs surge

Wholesale prices rose 1.1% in May, topping forecasts as energy and gasoline costs drove a fresh increase in pipeline inflation.

U.S. inflation rose to 4.2% in May, highest in three years

U.S. consumer prices rose 4.2% from a year earlier in May, matching forecasts but marking the highest annual inflation rate in three years.

Job openings jump to 7.6 million, highest since May 2024

U.S. job openings rose to 7.6 million in April, beating forecasts, while hiring and quits declined in a mixed labor-market signal.

Core PCE inflation rose 3.3% in April, matching forecasts

Core PCE inflation rose 3.3% annually in April, while headline inflation hit 3.8%, keeping pressure on the Federal Reserve.

U.S. inflation rose 3.8% in April, highest since May 2023

U.S. consumer prices rose 3.8% annually in April, above expectations, as energy, food, shelter and travel costs added to inflation pressure.

Fed holds rates steady as inflation pressures persist

The Federal Reserve held interest rates steady for a third straight meeting as elevated inflation and a divided policy committee cloud the path ahead.