Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, ...
US consumers cut spending in January more drastically than at any point in the last four years
A key price gauge declined last month, a sign that inflation may be cooling though stiff tariffs threatened by the White ...
January inflation eases in Fed’s preferred measure
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall.
What Moved Markets This Week
The U.S. stocks fell about 1% this week, closing a tough February overall for markets. Read more about this week's major ...
U.S. Consumers Cut Spending More Drastically in January Than Any Other Time in the Past Four Years
Photo: U.S. consumers cut back sharply on spending last month, the most since February 2021, even as inflation declined, ...
Trump administration and Musk's DOGE plan to fire nearly all CFPB staff and wind down agency, employees say
In a trove of statements released late Thursday, federal employees said that the mass layoff was discussed in meetings they ...
Fed official: Banking system generally healthy, inflation battle on track
Inflation remains the priority for Fed officials speaking in Phoenix at a bankers conference. Jobs and the potential for ...
BofA CEO expects Fed to hold on rates, urges simpler regulation
Bank of America expects the Federal Reserve to hold interest rates steady this year and into next year, CEO Brian Moynihan ...
Bank of America CEO Brian Moynihan predicts steady Fed rates through 2026
Bank of America BAC.N expects the Federal Reserve to hold interest rates steady this year and into next year, CEO Brian ...