Breaking News: Economy

Prices rise 2.2%, less than expected

Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce…

Powell indicates further, smaller rate cuts, insists the Fed is ‘not on any preset course’

Federal Reserve Chair Jerome Powell said Monday that the recent half percentage point interest rate cut shouldn’t be interpreted as…

Watch Fed Chair Jerome Powell speak live on economy, policy views

[The stream is slated to start at 1:55 p.m. ET. Please refresh the page if you do not see a…

Key Fed inflation gauge at 2.2% in August, lower than expected

Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce…

OpenAI CFO tells investors funding round should close by next week despite executive departures

OpenAI CFO Sarah Friar is looking to reassure its investors that the richly valued artificial intelligence startup is still in…

More than 400 economists, former White House advisors endorse Harris, warn against Trump policy agenda

More than 400 economists and former White House policy advisors announced their support for Vice President Kamala Harris over former…

More than 400 economists, former White House advisors endorse Harris, warn against Trump policy agenda

More than 400 economists and former White House policy advisors announced their support for Vice President Kamala Harris over former…

September consumer confidence falls the most in three years

Consumers’ view on the economy tumbled in September, falling by the largest level in more than three years as fears…