News

CNBC Daily Open: The U.S. economy does not look down and out
The U.S. consumer pushes back on recession fears. Despite the noise around tariffs and inflation fears, the U.S. economy ...
Asian shares mostly advance after Wall Street cruises to more records
Asian shares are mostly higher after Wall Street rose to records following better-than-expected updates on the economy and a ...
USD/RUB forecast after the weak Russia inflation data
The USD/RUB exchange rate reacted to the US and Russian consumer inflation data released this week. A report by the US Bureau of Labor Statistics (BLS) showed that the headline inflation rose from 2.3 ...
Japan Inflation Eases, But BOJ Still Faces Policy Challenges
A slight easing in consumer inflation is welcome news for the Japanese central bank, but stubbornly high food prices will be ...
The Republican Herald4h
Federal Reserve says building renovation complies with law, defends costs
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of two of its buildings is in ...
US retail sales bounce around in a whipsaw trade environment
Consumers picked up their spending in June showing resilience despite anxiety high over tariffs and the U.S. economy.
CNBC Daily Open: The U.S. economy is not built on rock and roll
And yes, to borrow a line from Starship: the U.S. economy is still built on rock-solid data… not on rock and roll. — Lim Hui ...
Waller makes strongest call yet for rate cut in July, underscoring Fed divide
Federal Reserve governor Christopher Waller made his strongest call yet for a rate cut in July as he again argued that any ...
Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...
A top Fed official, considered a candidate to replace Powell, keeps calling for a rate cut this month
“With inflation near target and the upside risks to inflation limited, we should not wait until the labor market deteriorates ...
Federal Reserve’s Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...
WWMT9h
Fact Check Team: What’s holding up Fed interest rate cuts?
WASHINGTON (TNND) — President Donald Trump is once again putting public pressure on Federal Reserve Chair Jerome Powell, calling for interest rate cuts amid signs of a cooling labor market. But while ...