‘Jenga Tower’ US Economy Teeters as Middle Class Pulls Back Spending
While the cost of living isn’t going up nearly as fast as it did in 2022, consumer prices…
Job openings have plunged 32% since ChatGPT’s debut—now, $35K healthcare work is one career option left for Gen Z, according to a Stanford study
For months, leaders from Ford CEO Jim Farley to the Federal Reserve Chair Jerome Powell have sounded the…
High interest rates may have caused housing recession, Bessent says
Parts of the US economy, particularly housing, may already be in recession because of high interest rates, Treasury…
Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts
Shoppers carry Macy’s and Nordstrom bags at Broadway Plaza in Walnut Creek, California, US, on Monday, Dec. 16,…
‘I won’t go into particular names, but they actually have earnings’
Federal Reserve Chair Jerome Powell doesn’t think the AI boom is another dotcom bubble. In fact, he made…
Powell says that, unlike the dotcom boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’
“I won’t go into particular names,” Powell told reporters after the Fed’s policy meeting, “but they actually have…
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…
Federal Reserve cuts key rate as government shutdown clouds economic outlook
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year…
Nikkei 225, Nifty 50, CSI 300
Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via…
Fed has a rate cut plus a bunch of other things on its plate this week
Jerome Powell, chairman of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Fall…
Stock market news for Oct. 28, 2025
A trader reacts on the floor at the New York Stock Exchange in New York City, U.S., August…
Trump administration narrows list of potential Federal Reserve chairs to 5
WASHINGTON (AP) — Treasury Secretary Scott Bessent on Monday confirmed the names of five candidates to replace Jerome…