News

Asian shares trade mixed after Wall Street’s rally stalls on U.S. economic data
Asian shares were mixed on Thursday, as Wall Street’s big recent rally lost some momentum following a pair of potentially ...
U.S. Is Trimming Back Its Collection of Consumer Price Data
The cutbacks would have “minimal impact,” the government said, but economists warned of reduced confidence in inflation data ...
Disinflation is a greater force right now than inflation
Investors, consumers and policymakers may justifiably fear the specter of tariff-fueled inflation later this year and beyond, ...
Trump airs frustrations with Xi and Jerome Powell over elusive economic goals
The president shifts blame for slow trade talks and economic warning signs while former top ally Elon Musk trashes his ...
Wall Street’s rally eases off the accelerator following discouraging updates on the economy
NEW YORK (AP) — Wall Street’s big rally is easing off the accelerator on Wednesday following some potentially discouraging ...
The Gazette5h
Chicago Fed president discusses impacts of tariffs and interest rates in Iowa
Goolsbee: Business leaders in the Midwest are waiting to see the full impact of tariffs, with some expressing guarded ...
2 Reasons Not to Wait for a Fed Rate Cut Before Locking Your Mortgage Rate
Yes, the Federal Reserve could cut interest rates later this year. Or, maybe it won't. In any case, a Fed reduction offers no ...
Chicago Fed chief: Iowa, with its manufacturing and ag jobs, highly affected by tariffs
Head of Chicago Federal Reserve says tariffs cast uncertainty over Iowa's economy due to its reliance on agriculture and ...
US economic activity declines as tariffs pressure prices, Fed says
U.S. economic activity has declined and higher tariff rates have put upward pressure on costs and prices in the weeks since ...
Inflation data threatened by government hiring freeze as tariffs loom
The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring ...
Wall Street’s big rally stalls following some discouraging economic data
Wall Street’s big recent rally lost some momentum following a pair of potentially discouraging reports on the economy.
CPI inflation report requires more guesswork due to Trump's hiring freeze. Just how accurate is it?
Is the best-known U.S. inflation report becoming less accurate because of the Trump administration's hiring freeze? The federal agency responsible for collecting inflation data says no - but it admits ...