Fed won’t get key inflation data before next rate decision as BLS cancels October CPI release
The U.S. Bureau of Labor Statistics is the principal Federal agency responsible for measuring labor market activity, working…
Sharp disagreements over economy threaten Federal Reserve interest rate cut
WASHINGTON (AP) — What was once seen as a near-certain cut in interest rates next month now looks…
Trump’s dinner with top CEO’s consisted of praising a ‘booming’ economy while addressing tariff concerns
Last week, some of the nation’s top CEOs talked and laughed with President Trump while enjoying dinner at the White…
Here’s when government data may come back
The U.S. Capitol building after the U.S. Senate advances a bill to end the government shutdown in Washington,…
The Dow rallies toward a record even as Nvidia sags
NEW YORK (AP) — Most of Wall Street is rising on Tuesday, and the U.S. stock market is…
‘No hire’ job market leaves unemployed in limbo as threats to economy multiply
WASHINGTON (AP) — When Carly Kaprive left a job in Kansas City and moved to Chicago a year…
‘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…