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…
Exclusive-Fed’s Miran math may overstate the impact of immigration on inflation
By Ann Saphir (Reuters) -An economist whose research provided a foundation for Federal Reserve Governor Stephen Miran’s argument…
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…
Here’s the Minimum Net Worth To Be Considered Upper Class as a Retiree
Upper class is always hard to define, and it’s something of a moving target. Between lifestyle choices, regional…
‘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…
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…
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…
Fed Cuts Could Fuel More Art Loans as Collectors Seize Opportunities
When the Federal Reserve announced earlier this week that it was lowering its benchmark interest rate for the…
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…
Why investors are turning bullish on European markets again
ADVERTISEMENT Europe’s equity outlook is getting a fresh dose of optimism from fund managers, buoyed by receding trade…
Federal Reserve Predicts High Inflation Will Persist for More than Seven Years Post-Pandemic
Michael Nagle / Bloomberg via Getty Images The Federal Reserve’s latest set of projections foresees inflation as measured…