Tag: Breaking news
Chicago Fed President Goolsbee sees rate cuts depending on inflation progress
Chicago Federal Reserve President Austan Goolsbee said Friday he still sees interest rate cuts in the cards though risks are rising to that...
Trump says the Fed should cut rates to ease the economy’s...
U.S. President Donald Trump reacts as he meets NATO Secretary General Mark Rutte (not pictured), in the Oval Office at the White House...
‘Transitory’ is back as the Fed doesn’t expect tariffs to have...
The "good ship Transitory," despite an ominous record, appears ready to sail again for the Federal Reserve.Economic projections the central bank released Wednesday...
Bank of America’s CEO says economic growth is ‘better than people...
Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this...
The Fed will update its rate projections Wednesday. Here’s what to...
U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on "The Semiannual Monetary Policy Report...
Retail sales increased 0.2% in February, though spending up less than...
Consumers spent at a slower-than-expected pace in February, though underlying readings indicated that sales still grew at a solid pace despite worries over...
IHFL, DB promoters get relief in DHFL-Yes Bank loan fraud case...
MUMBAI: A special court rejected CBI's chargesheet against Indiabulls Housing Finance Ltd (IHFL), share broker Sanjay Dangi, and DB Realty promoters...
Consumer sentiment slumps in March to lowest since 2022 as Trump...
Consumer sentiment took another hit in March as worries intensified over inflation and a slumping stock market, according to the University of Michigan's...
Wholesale price measure was flat in February, compared with expected increase
Wholesale prices were flat in February providing some more welcome news on inflation amid tariff fears, the Bureau of Labor Statistics reported Thursday.The...
U.S. budget deficit surged in February, passing $1 trillion for new...
The U.S. Treasury Building is seen from the Washington Monument on a cold, winter day on Jan. 21, 2025 in Washington, DC.Kevin Carter...