Philadelphia Fed President Harker advocates holding interest rates ‘where they are’
Philadelphia Federal Reserve President Patrick Harker said Friday he thinks the central bank can stop raising interest rates. “Absent a…
JPMorgan Chase CEO Jamie Dimon warns this is ‘the most dangerous time’ for the world in decades
JPMorgan Chase delivered strong profits for the third quarter along with a stern warning Friday from its top executive about…
Getting to 2% inflation won’t be easy. This is what will need to happen, and it might not be pretty
In theory, getting inflation closer to the Federal Reserve’s 2% target doesn’t sound terribly difficult. The main culprits are related…
Biden takes credit for easing inflation, strong job market as GOP polls better on economy
WASHINGTON — President Joe Biden lauded Thursday’s Labor Department report showing relatively stable inflation, taking credit for a recent spate…
Here’s the inflation breakdown for September 2023 — in one chart
Inflation was unchanged in September, but price pressures seem poised to continue their broad and gradual easing in coming months,…
While ChatGPT stokes fears of mass layoffs, new jobs are being spawned to review AI
Artificial intelligence might be driving concerns over people’s job security — but a new wave of jobs are being created…
Consumer prices rose 0.4% in September, more than expected
Prices that consumers pay for a wide variety of goods and services increased at a slightly faster-than-expected pace in September,…
