Consumers eased up on spending in the face of rising prices and high interest rates, Commerce Department data shows.

The Consumer Price Index, which will be released on Wednesday morning, could show price gains moderated a bit in April.

March data showed a cooling labor market, but layoffs remain low. The overall trend is likely to be welcomed by Federal Reserve policymakers.

Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate in the first three months of the year.

Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.

The path to a “soft landing” doesn’t seem as smooth as it did four months ago. But the expectations of a year ago have been...

It will be difficult for the Federal Reserve to rein in inflation fully if shelter costs continue to run hot.

Pandemic disruptions may have muddled the measurement of home prices in government data. That could complicate the Fed’s course on interest rates.

The recovery from the pandemic lockdowns has prompted economists to consider whether their playbook is outdated or just missing a page.

The increase in gross domestic product, while slower than in the previous period, showed the resilience of the recovery from the pandemic’s upheaval.