News

This week's inflation data further complicates things for the Fed in terms of cutting interest rates. Read more here.
Ken McElroy breaks down the Fed's aggressive interest rate hikes and their impact on targeting 2% inflation. He explains the mechanisms the Federal Reserve is using.
Trump and Wall Street want the Fed to lower the target policy interest rate and fuel more monetary inflation. If Trump gets ...
July’s consumer price index held steady at 2.7% year-over-year — slightly below expectations — offering a brief sense of relief.
The Labor Department reported Thursday that the producer price index (PPI)—a measure of wholesale inflation before it hits ...
New economic data releases could increase mortgage rate volatility in the coming weeks, leading up to the Fed's September ...
Economy will grow more slowly, inflation will move higher in Trump's term amid his tariff, immigration, budget plans. But U.S. should dodge recession ...
U.S. Treasury Secretary Scott Bessent said he isn’t calling for a series of interest-rate cuts from the Federal Reserve, just ...
Most companies, it turns out, have been reluctant to raise prices. Americans are tired of inflation and they are more resistant to price increases, forcing firms to adopt an array of strategies. The ...
NEW YORK (AP) — Most stocks fell on Wall Street Thursday after a disappointing report said inflation was worse last month at ...
In recent months, President Trump's tariff strategy has avoided triggering runaway inflation or an outright recession, but instead introduced a stealth economic hazard: a persisten ...
Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...