Rising inflation and a deteriorating job market puts the Fed, and Americans, in a difficult spot
WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries and airfares jumped while new…
Wall Street rises toward more records on expectations for easier interest rates
NEW YORK (AP) — Wall Street is ticking toward more records on Thursday following mixed U.S. data that…
Wall Street adds to records as inflation slows and Oracle soars
NEW YORK (AP) — Wall Street inched to more records on Wednesday following a surprisingly encouraging report on…
Judge blocks Trump from firing Fed Governor Lisa Cook for now
Lisa Cook takes the oath of office to serve as a member of the Board of Governors at…
Wall Street rises to more records
NEW YORK (AP) — U.S. stocks rose to more records on Tuesday after the latest update on the…
Hiring slows in US as employers navigate in growing uncertainty
WASHINGTON (AP) — The American job market, a pillar of U.S. economic strength since the pandemic, is crumbling…
Trump’s Fed pick says he’d keep White House job if confirmed by Senate
WASHINGTON (AP) — Stephen Miran, President Donald Trump’s pick to join the Federal Reserve Board, said Thursday that…
Average rate on a 30-year mortgage drops to 6.5%, the lowest since last October
The average rate on a 30-year U.S. mortgage fell again this week, extending a recent trend that should…
US labor force lost 1.2M immigrants, preliminary data shows
It’s tomato season and Lidia is harvesting on farms in California’s Central Valley. She is also anxious. Attention…
What it could mean for the Fed to lose its independence
WASHINGTON (AP) — President Donald Trump’s attempt to fire a member of the Federal Reserve’s governing board has…
Wall Street soars to new highs but inflation sends a warning
Despite hitting fresh record highs midweek, U.S. equities lost steam by Friday, Aug. 29, as inflation indicators complicated…
US stocks pull back from their records
Wall Street closed out another winning month Friday, even as stocks gave back some of their recent gains,…