Economy

Fed’s Susan Collins says more rate hikes can’t be taken off the table yet

Despite recent encouraging signs on inflation, Boston Federal Reserve President Susan Collins said Friday that more interest rate hikes could…

Ray Dalio says U.S. reaching an inflection point where the debt problem quickly gets even worse

Soaring U.S. government debt is reaching a point where it will begin creating larger problems, Bridgewater Associates founder Ray Dalio…

Fed’s Mester wants ‘much more evidence’ that inflation has been defeated

Cleveland Federal Reserve President Loretta Mester said Thursday that this week’s news showing lower levels of inflation isn’t enough to…

Tim Cook, Elon Musk, Steve Schwarzman spotted at Xi Jinping dinner with U.S. CEOs

Apple CEO Tim Cook, Tesla chief Elon Musk and Blackstone’s Steve Schwarzman were among the guests Wednesday night at a…

The market thinks the Fed is going to start cutting rates aggressively. Investors could be in for a letdown

Markets seem to have taken this week’s positive economic data as the all-clear signal for the Federal Reserve to start…