CFO survey: inflation could be 30% lower without tariffs
Tariffs are taking a long-term toll on your checkbook.
U.S. economy
Wall Street drifts lower as its big rally loses steam
U.S. stock indexes are drifting lower on Wednesday as Wall Street takes a pause from what seemed like a relentless rally.
Powell signals Federal Reserve to move slowly on interest rate cuts
Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials this week who have called for a more urgent approach.
Wall Street holds near its record heights
U.S. stock indexes are holding near their record heights on Tuesday as Wall Street takes a moment following a relentless rally.
Wall Street drifts around its record levels following a relentless rally
U.S. stocks are drifting around their record heights on Monday following Wall Street’s seemingly relentless rally.
Senate rejects competing bills to fund government, increasing risk of shutdown on Oct. 1
The Senate rejected competing measures on Friday to fund federal agencies for a few weeks when the new budget year begins on Oct. 1, increasing prospects for a partial government shutdown on that date.
Wall Street coasts toward the finish of another record-setting week
Wall Street is coasting toward the finish of its latest record-setting week on Friday.
House passes a bill to avoid a partial government shutdown, but prospects in the Senate look dim
The House on Friday passed a short-term spending bill to extend government funding for seven weeks and avoid a partial government shutdown on Oct. 1, but prospects looked dimmer in the Senate, where the two parties show no signs of budging on the matter.
Mortgage rates drop for the 1st time in months
There’s good news for would-be home buyers.
US inflation worsened last month, putting Fed in difficult spot as job market slows
Inflation rose last month as the price of gas, groceries, and airfares jumped, while a measure of layoffs also increased, putting the Federal Reserve in a tough spot as it prepares to cut rates at its meeting next week despite persistent price pressures.
