The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.

U.S. airlines are hoping the Trump administration will abandon a Biden-era policy regarding compensating passengers for carrier-caused disruptions.

After cutting its key rate a full percentage point in the final three months of last year, with “the economy remaining strong, we do not need to be in a hurry to adjust our policy stance,” Powell said ...

Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.

The statistics show flying remains the safest form of transportation compared with driving or even riding on a train.

Federal Reserve officials on Wednesday pointed to the large policy uncertainty around tariffs and other issues arising from ...