Trump administration, 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 ...
Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov’t report suggests
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
Federal Reserve Bank of New York report warns another round of tariffs on China could be painful
A Federal Reserve Bank of New York suggests a new tariff on China could be especially severe if the Trump administration ...
Wall Street drifts toward the close of its worst month since April
NEW YORK (AP) — Wall Street is drifting toward the close of its worst month since April, and U.S. stock indexes are mixed ...
US consumers cut spending drastically in January for four-year record
A key price gauge declined last month, a sign that inflation may be cooling though stiff tariffs threatened by the White ...
Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed
The central bank wants to see further progress that price pressures are easing before it lowers interest rates again.
Inflation Stayed Sticky in January, Fed’s Preferred Gauge Showed
The central bank wants to see further progress that price pressures are easing before it lowers interest rates again.
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.
Federal Reserve's Schmid emphasizes vigilance amid rising consumer inflation expectations
Surveys showing a rise in consumer inflation expectations mean the central bank needs to keep its focus on ensuring price ...
Rise in US inflation expectations means Fed has to stay on guard, Schmid says
Recent surveys showing a rise in consumer inflation expectations mean the U.S. central bank needs to keep its focus on ...
Fed's quantitative tightening expectations upended by debt-ceiling worries
Expectations for the future path of the Federal Reserve's balance sheet drawdown process have been scrambled in the wake of ...
Fed predicted to cut interest rates in June as consumer confidence takes a dive
The Federal Reserve is likely to resume cutting interest rates in June and could reduce short-term borrowing costs again in ...