Bank of America's fund manager survey shows record equity allocations and 40% expecting a Fed rate hike. Here's what the data says about the economy.

In an ideal scenario, the Iran war is over, the Strait of Hormuz is completely reopened, energy prices and inflation fall sharply and American wages rise.

Fresh inflation data now suggests the challenge may be deeper and longer-lasting than many expected. Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz,

The latest Bureau of Labor Statistics report found inflation accelerated to 4.2%, driven largely by higher gas and energy prices

Supporters say there's plenty for the president to tout, including tax cuts and deregulation. But the Iran war is making it harder.

Inflation, as measured by the Consumer Price Index, is expected to run above 4% for the first time in three years because of the Iran war’s oil price shock.

The recent surge in inflation is likely to get worse over the next several months, according to a survey Friday.

South Carolina ranks 18th among nation’s economies, according to new report, as rising inflation adds fresh strain on U.S. households and businesses.

When President Donald Trump uttered the words “I love the inflation” last week, he gave a four-word gift to Democrats. But Vice President JD Vance argued in a Tuesday television interview that those four words were being taken out of context.