Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’
For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him. Inflation has…
US Stock Rally Cools as October Turbulence, Earnings Season Loom
US equities have defied virtually every warning in the past five months, clocking one of the best stretches…
‘Frothy and Risky’ Rally in Profitless Tech Grows as Fed Eases
Bets that the Federal Reserve will continue cutting interest rates have fueled a rally in one of the…
Saudi Opening, Alibaba Lift Emerging Stocks to Four-Year High
An equity gauge for emerging markets extended gains as Saudi stocks rallied on plans to relax the kingdom’s…
UK Inflation Risks: Bank of England and OECD Warn of Persistent Price Pressures
Bank of England Chief Economist Huw Pill said that structural changes in the UK economy may be keeping…
US Tariff Revenue Surge Is Clear, Officials Differ on Who Pays
I’m Laura Curtis, an economics editor in Los Angeles. Today we’re looking at the provenance of the swelling…
Weak Job Market Prompted Interest Rate Cuts, Powell Says
Topline Federal Reserve Chair Jerome Powell on Tuesday said a weakening labor market in the U.S. has outweighed…
Summers Says Fed Policy On ‘Loose Side,’ Inflation Top Issue
Former Treasury Secretary Lawrence Summers said Federal Reserve policy is leaning toward being too slack, emphasizing that the…
Top economists and Jerome Powell agree that Gen Z’s hiring nightmare is real—and it’s not about AI eating entry-level jobs
The dramatic rise in unemployment among Americans under 25—especially recent graduates—has become one of the most troubling economic…
Why Rigetti Computing Is Skyrocketing This Week
Rigetti Computing roared higher as the Federal Reserve cut interest rates this week. Rigetti also landed a new…
Do ‘The Markets’ Really Want The Federal Reserve To Lower Rates?
Facade of the Marriner S Eccles building of the United States Federal Reserve, on a bright and sunny…
US Fed Inflation Metric to Ease as Focus Shifts to Jobs Market
The Federal Reserve’s preferred gauge of underlying inflation likely grew at a slower pace last month, offering policymakers…