Markets raise chances for a Fed rate hike following hot inflation report
A customer shops for produce in an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell |
Read More
Economy
Consumer prices rose 3.8% annually in April, the highest since May 2023
Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising
Read More
Iran says it will ‘never bow’ as Trump rejects peace counteroffer, prolonging Middle East
In this picture obtained from Iran’s ISNA news agency and taken on May 2, 2026, the Gambia-flagged tanker vessel Bili
Read More
From Singapore to Brussels, world leaders eye Trump-Xi summit from afar
TOPSHOT – US President Donald Trump (L) and China’s President Xi Jinping arrive for talks at the Gimhae Air Base,
Read More
Retailers are on a hiring spree. But consumers are sending warning signs
A woman walks past a “Now Hiring” sign in front of a store on January 13, 2022 in Arlington, Virginia.
Read More
The Federal Reserve is quickly running out of reasons to cut interest rates
If the Federal Reserve still has any reasons to cut interest rates in the near future, they’re getting harder and
Read More
U.S. payrolls jump more than expected, but the report had several red flags for the economy
Job creation topped muted expectations though the plodding U.S. labor market sent up several flags for a potential slowdown this
Read More
Consumer sentiment falls to fresh record low in May as surging gas prices hit outlook
Surging gas prices due to the Iran war sent consumer sentiment to a new low in the early part of
Read More
Here’s what to expect from Friday’s release of the April jobs report
Not that long ago, U.S. payroll growth of less than 100,000 or so a month meant the labor market was
Read More
There’s ‘no chance’ Warsh will be able to get the Fed to cut rates, Paul Tudor Jones says
Incoming Federal Reserve Chair Kevin Warsh won’t be looking to cut interest rates and in fact may want to consider
Read More