The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Trump's offensive against diversity, equity puts Powell's Fed on defensive
After Trump issued an executive order on Jan. 20 ending DEI programs across the federal government, the Fed took down pages ...
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Trump gets lower rates but Fed the exception
US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...
Key US inflation gauge posts largest monthly rise since last April
The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.
US dollar strengthens amid looming Trump tariffs
The U.S. dollar strengthened against major currencies including the yen and euro on Friday, while the Canadian dollar and the ...
US stocks advance on Apple gains, in-line inflation reading
Wall Street's main indexes rose on Friday, bolstered by gains in Apple following its optimistic sales forecast and an ...
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US land-based coho salmon closure leaves food bank 13,000 live fish to process
LocalCoho, a land-based producer in the US state of New York, which ceased operations Friday, donated 13,000 live fish to a food bank ...
Failure or 5D chess? El Salvador IMF deal walks back Bitcoin adoption
The IMF was not ready to extend a loan to El Salvador without concessions on the country’s ongoing Bitcoin adoption efforts.