News

Fed's Kugler Says Tariff-Driven Inflation Should Leave the Fed on Pause
Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade ...
The Fear Of Greater Inflation
June inflation hit 2.7% as tariffs bite. See why excess liquidity, new Fed pressure, and policy risks could fuel more ...
If Powell Is Out... The Ship Sinks
The Fed's independence is key for dollar stability. Firing Powell and tariff-driven policies could impact inflation, interest ...
Wall Street hangs near its record as PepsiCo and United Airlines offset drops for health care stocks
Wall Street is hanging near its records on Thursday following some better-than-expected updates on the economy and a mixed ...
Higher tariffs still have potential to weaken labor market, produce Fed rate cuts: Jefferies
After Thursday's release of data showing lower-than-expected initial jobless claims for last week, some observers see reason to remain cautious about whether overall labor-market conditions can ...
Fed's Kugler: No rate cut for some time as tariffs pass through to prices
The U.S. Federal Reserve should not cut interest rates "for some time" as the impact of Trump administration tariffs begin passing through to consumer prices, with tight monetary policy needed to keep ...
Wall Street opens largely flat as investors digest latest economic data
The stock market opened largely flat on Thursday, as investors assessed the retail sales and the jobless claims reports. The ...
Retail sales up a surprising 0.6% in June after a May pullback by consumers
After an earlier pullback, consumers picked up their spending in June despite anxiety over tariffs and the state of the U.S. economy. Retail sales rose a better-than-expected 0.6% ...