Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds
WASHINGTON (AP) — The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome…
Rising inflation and a deteriorating job market puts the Fed, and Americans, in a difficult spot
WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries and airfares jumped while new…
US economy rebounds strongly in the second quarter with 3% growth
WASHINGTON (AP) — The U.S. economy expanded at a surprising 3% annual pace from April through June, bouncing…