Tag: Breaking news
Fed’s favorite core inflation measure hits 2.6% in January, as expected
Inflation eased slightly in January as worries accelerated over President Donald Trump's tariff plans, according to a Commerce Department report Friday.The personal consumption...
Trump suggests 25% tariffs on autos, pharma and semiconductors that could...
U.S. President Donald Trump speaks at Mar-a-Lago in Palm Beach, Florida, U.S., Feb. 18, 2025. Kevin Lamarque | ReutersPresident Donald Trump said he may...
Retail sales slumped 0.9% in January, down much more than expected
Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report Friday.Retail sales...
Producer prices report points to softer Fed inflation measure than feared
A gauge of wholesale prices rose more than expected in January, though some details of the report indicated that pipeline inflation pressures are...
Consumer prices rise 0.5% in January, higher than expected as annual...
Inflation perked up more than anticipated in January, providing further incentive for the Federal Reserve to hold the line on interest rates.The consumer...
Consumer inflation fears spike in February as tariff worries hit sentiment
People shop at a Whole Foods store on Feb. 3, 2025 in New York City.Michael M. Santiago | Getty ImagesConsumers grew dramatically more...
Minneapolis Fed’s Kashkari expects lower interest rates later this year
Minneapolis Federal Reserve President Neel Kashkari said Friday he expects to see interest rates lower this year if the economic data continues to...
Private payrolls expanded by 183,000 in January, topping expectations, ADP says
Private sector companies added more jobs than expected in January, furthering the case for a stable labor market that allows the Federal Reserve...
Fed Vice Chair Jefferson advocates remaining cautious on rates as policy...
Philip Jefferson speaks during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, D.C., U.S., on Feb. 3, 2022. The...
The Fed could find itself in a policy Catch-22 if tariffs...
Flags outside the Fairmont Royal York in downtown Toronto, Feb. 3, 2025. Andrew Francis Wallace | Toronto Star | Getty ImagesA complicated scenario is...
