A Connecticut advocacy group wants the state to index personal income tax to inflation to address the wage gap and stagnant job growth. Connecticut Voices for Children Research and Policy Director ...

The April report on personal income and personal consumption expenditures (PCE) showed strong income gains. This was certainly good news, especially for inflation, for April – but these data are ...

Core PCE inflation rises 2.7% year-over-year in September, slightly above forecasts. Fed's next rate cut appears secure, but December decision may face potential pushback amid persistent underlying ...

Personal income in the U.S. fell by $109.6 billion (0.4%) in May, driven primarily by declines in government benefits and farm income. Consumer spending also dipped, with personal consumption ...

August personal income rose 0.4% MoM, driven by service sector wages and transfer payments, but real income growth excluding transfers remains sluggish. Personal consumption expenditures outpaced ...

On the earnings front, Walmart, Alibaba and Palo Alto Networks are among the major companies to report fourth quarter results ...

Forbes contributors publish independent expert analyses and insights. Erik Sherman reports on business, economics, finance, tech, and law. Wooden blocks with the word GDP and up and down arrows. An ...