Bank of America resets interest rate cut forecast after inflation shocker
The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...
US inflation heats up to 3% for first time since June
It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...
Trump Says Value-Added Taxes Will Be Considered Tariffs: What To Know About His Reciprocal Tariff Plan—And Its Inflation Impact
President Donald Trump said Saturday value-added taxes, taxes levied to goods during each stage of production which are ...
US inflation got worse with rising prices on groceries and gasoline
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up ...
S&P 500 ends down as hot US inflation data hints at fewer rate cuts
The S&P 500 ended down on Wednesday after a hotter-than-expected U.S. inflation reading added to worries that the Federal ...
US inflation jump puts Fed officials on notice as Powell testifies
Higher inflation readings left Fed officials telling lawmakers, business executives and the public that they may be waiting ...
US inflation rises more than expected in January as hopes of Fed rate cut grow dimmer
Fed Chair Jerome Powell told lawmakers on Tuesday that "inflation moderated a little further last year," adding that "recent ...
Bitcoin drops below $95K as US inflation surpasses expectations
Bitcoin briefly dipped below $95,000 on Feb. 12, minutes after the US Bureau of Labor Statistics released CPI and inflation ...
US inflation worsened last month with prices for groceries and gasoline heading higher
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed tariffs could at least temporarily increase costs.
US economy added 143K jobs in January, unemployment rate ticks lower
The Labor Department on Friday released its jobs report for January, which showed that the U.S. economy added 143,000 jobs ...