Lots of income but not much spending in January – with inflation as expected. Personal income jumped by 0.9% in January (about double expectations) while personal consumption expenditures ...

Personal income jumped by 0.9 percent in January, while personal consumption expenditures fell by 0.2 percent. Click to read.

Inflation is a top financial concern this year, according to a new survey from Northwestern Mutual, and many Americans say ...

Excluding food and energy, core PCE also rose 0.3% for the month and was at 2.6% annually. Fed officials more closely follow ...

Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.