Some soft commodity prices are surging, adding to consumer woes
Surging prices for soft commodities, from orange juice to live cattle, are complicating the inflation picture. A host of agricultural…
Credit card losses are rising at the fastest pace since the Great Financial Crisis
Credit card companies are racking up losses at the fastest pace in almost 30 years, outside of the Great Financial…
Two key Fed officials express support for keeping interest rates high
Two Federal Reserve policymakers expressed support Friday for keeping interest rates elevated as the battle against too-high inflation continues. In…
Stocks making the biggest moves midday: Splunk, Cisco, Broadcom, Fox and more
Check out the companies making headlines in midday trading. Cisco Systems, Splunk — Shares of Cisco fell 3.9% Thursday after…
Fed declines to hike, but points to rates staying higher for longer
The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more…
Republicans grill Merrick Garland on Trump, Hunter Biden in combative House Judiciary hearing
WASHINGTON — Attorney General Merrick Garland delivered a full-throated defense of federal law enforcement officers and the Department of Justice…
The Fed would be ‘flying blind’ on interest rate decisions after a government shutdown
A looming government shutdown could prevent the Federal Reserve from raising rates in November, but not for the reason you…
UK inflation dips to 6.7%, below expectations as food prices ease
U.K. inflation surprised with a dip to 6.7% in August, below expectations and sparking increased bets on a pause in…
Stocks making the biggest moves midday: Instacart, Disney, Planet Fitness, Rackspace and more
Check out the companies making headlines in midday trading. Starbucks — Shares fell 2% in midday trading following a downgrade…
Treasury Secretary Janet Yellen tackles ‘disconnect’ on Biden polling and U.S. economy
WASHINGTON — Treasury Secretary Janet Yellen on Tuesday said there is a “disconnect” between the actual performance of the U.S.…
