Here’s the inflation breakdown for April 2023, in one chart
Inflation in April notched its lowest reading in two years, as price pressures for consumers continue to moderate from multidecade…
Confused about the debt ceiling? Here’s what you need to know
The White House and Republicans in Congress are mired in a standoff over the debt limit. Failure to raise or…
Debt ceiling deal appears no closer after high-stakes meeting, but leaders will huddle again Friday
WASHINGTON — Top congressional leaders left a high-stakes meeting with President Joe Biden on Tuesday showing few signs they had moved…
Failure to raise debt ceiling would be an ‘economic catastrophe,’ Treasury’s Yellen says
WASHINGTON — Failure to raise the U.S. debt ceiling would cause an “economic catastrophe,” Treasury Secretary Janet Yellen said Monday.…
The most important thing Warren Buffett said Saturday, and it isn’t good news for the economy
OMAHA, Neb. — Warren Buffett, whose conglomerate is viewed as a barometer of U.S. economic health because of the range…
Apple and fintechs like Robinhood chase yield-hungry depositors as Fed rate hikes continue
The technology industry is known for innovation and spawning the next big thing. But at a time of economic uncertainty…
IMF warns of ‘disorderly’ house price corrections in Europe as interest rates move higher
STOCKHOLM, Sweden — The International Monetary Fund warned Friday of “disorderly” house price corrections in Europe, at a time when…
Chicago Fed President Goolsbee says recent reports show inflation is moving in the right direction
The latest batch of economic data shows positive developments on the inflation front, but the Federal Reserve’s job is not…
Banking crisis forces ECB policymakers to rethink rate hikes, but focus still firmly on inflation
European Central Bank policymakers are reconsidering the path of interest rate hikes in light of last month’s banking turmoil, but…
