Embattled Fed Official Has Lost Key Economic Data Point: Diner Chatter
Alex Wong / Getty Images Federal Reserve Governor Lisa Cook spoke for the first time since she was…
Bessent says high US interest rates may have caused housing recession
By Andrea Shalal (Reuters) -Parts of the U.S. economy, particularly housing, may already be in recession because of…
High interest rates may have caused housing recession, Bessent says
Parts of the US economy, particularly housing, may already be in recession because of high interest rates, Treasury…
Penny shortage leaves retailers struggling to make change
Businesses around the U.S. are desperate for pennies. President Trump’s decision to stop producing the penny earlier this year is…
Powell says that, unlike the dotcom boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’
“I won’t go into particular names,” Powell told reporters after the Fed’s policy meeting, “but they actually have…
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…
Texas service sector activity weakens further
October 28, 2025 Texas service sector activity weakens further Special questions: Credit conditions Texas service sector activity contracted…
US Fed will likely cut again despite economic murkiness from shutdown
Washington: The Federal Reserve is expected to announce its second rate cut of the year on Wednesday, despite…
Top economist on the economy’s dirty truth: The only people who feel good are ‘making over $200,000’ and ‘have large stock portfolios’
Inflation may be increasing at a slower pace than expected, the markets might be cheering, and the Fed…
US Futures Rise Ahead of Key Inflation Reading: Markets Wrap
(Bloomberg) — S equity futures gained as trade tensions eased and investors stuck to bets on Federal Reserve…