Tag: Kamala Harris
Fed welcomes a ‘soft landing’ even if many Americans don’t feel...
WASHINGTON (AP) – When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the...
Marijuana reclassification not expected until after presidential election
WASHINGTON (AP) – A decision on whether to reclassify marijuana as a less dangerous drug in the U.S. won't come until after the November...
Federal Reserve’s favored inflation gauge shows price pressures easing
WASHINGTON (AP) – An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears...
Price controls are a recipe for big problems
One topic in economics where theory and experience are in complete agreement is that price controls don’t work at lowering inflation. In fact, theory...
Powell at Jackson Hole: ‘The time has come’ for interest rate...
JACKSON HOLE, Wyoming (AP) – With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest...
U.S. inflation slowed again in July, clearing way for interest rate...
WASHINGTON (AP) – Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in...
U.S. wholesale inflation slows more than expected in July
WASHINGTON (AP) – Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer...
Dow drops 1,000 points, Japanese stocks suffer worst crash since 1987
NEW YORK (AP) – A scary Monday that started with a plunge abroad reminiscent of 1987 's crash swept around the world and pummeled Wall...
Federal Reserve is edging closer to cutting rates. The question will...
WASHINGTON (AP) – Two years after launching an aggressive fight against inflation and one year after leaving its benchmark interest rate at a near-quarter-century...
Fed’s preferred inflation gauge cools, adding to likelihood of a September...
WASHINGTON (AP) – The Federal Reserve's favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the...
- Featured Event -
