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Speaker Mike Johnson was warned on Friday that his desire to see the Federal Reserve cut interest rates in what he called a "hot" economy would likely lead to an even hotter one marked by inflation.
Inflation from tariffs will likely keep rising until November or December, according to Apollo's chief economist Torsten Sløk ...
Consumers’ worst fears about tariff-induced inflation have receded, though they are still wary of price increases to come.
The Mayan Theater, an iconic Los Angeles nightspot with 98 years of history, has announced it will permanently close its doors this September.
While slamming the brakes on wholesale inflation is certainly a win for businesses, it’s also a win for consumers because ...
Inflation rose to its highest level since February last month, with consumer prices up 3% compared to a year ago, according to new data from the U.S. Labor Department.
We recognise that depreciation has accumulated, and funding mechanisms are finite. Behind those rate rises are decades of pressure building: water systems that should have been renewed a generation ...
President Trump boasted this week that his tariffs are raising "a fortune" for the U.S. government. Tariffs could also raise prices for the back-to-school and Christmas shopping seasons.
We don't have any loans or long-term debt. Our house is worth $500,000 and our cars are paid off. We pay our credit cards in full every month. The children are grown up but our daughter is in medical ...
Thank you, Eric; thank you to the Fed staff who have organized this second annual financial inclusion conference; and thank ...
The U.S. economy has defied dire predictions so far this year. Many economists see growth slowing – and tariff-driven ...
The economy’s resilience so far to President Trump’s global trade war risks emboldening him and unleashing the sort of ...