Key Fed inflation measure rose 0.6% in January, more than expected
A measure the Federal Reserve watches closely to gauge inflation rose more than expected in January, indicating the central bank…
Fed can’t tame inflation without ‘significantly’ more hikes that will cause a recession, paper says
The Federal Reserve is unlikely to be able to bring down inflation without having to raise interest rates considerably higher,…
Russian jet collides with, downs U.S. drone over Black Sea
WASHINGTON — A Russian fighter jet downed a U.S. drone operating over the Black Sea on Tuesday, U.S. European Command…
Fed’s Powell heads to Capitol Hill this week, and he’s going to have his hands full
Federal Reserve Chairman Jerome Powell is set to appear before Congress with a tall task: Persuade legislators that he’s committed…
Private payrolls rose by 242,000 in February, better than expected, ADP says
Companies added jobs at a brisk pace in February as the U.S. labor market kept humming, payroll services firm ADP…
Job openings declined in January but still far outnumber available workers
Job openings declined slightly in January but still far outnumber available workers as the labor picture remains tight, according to…
Pfizer will have to pay rebates to Medicare for five drugs under Biden plan to lower Rx costs
Five of Pfizer’s drugs will cost less for Medicare recipients starting next month as part of President Joe Biden’s plan…
Just like that: Market pricing swings back to quarter-point Fed rate hike
It seemed like only yesterday that markets were sure that a tougher Federal Reserve was going to raise its benchmark…
Inflation gauge increased 0.4% in February, as expected and up 6% from a year ago
Inflation rose in February but was in line with expectations, likely keeping the Federal Reserve on track for another interest…
Watch the moment Russian jets intercept U.S. drone; Poland to send fighter aircraft to Ukraine
This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] The chasm between…
