Fed’s Neel Kashkari isn’t sure if interest rates are high enough to stop inflation
Minneapolis Federal Reserve President Neel Kashkari said Wednesday he’s unsure whether the central bank has raised interest rates enough to…
U.S. Latino economic output grows to $3.2 trillion, according to new study
The U.S. Latino economy continues to grow, reaching $3.2 trillion in 2021, up from $2.8 trillion the year prior, according…
The U.S. is weaker now than when we downgraded in 2011, former S&P ratings chairman says
The U.S. is in a weaker position now than when S&P downgraded its sovereign credit rating in 2011, according to…
Stocks making the biggest moves midday: SiriusXM, Cintas, United Natural Foods and more
Check out the companies making headlines in midday trading. Cintas — Shares fell 5.3% after the company reported its 2024…
‘We have dealt with recessions before’: Jamie Dimon says geopolitics is the world’s biggest risk
JPMorgan Chase CEO Jamie Dimon says geopolitics after Russia’s invasion in Ukraine is the biggest risk, larger than high inflation…
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…
