Economy

Wholesale prices rose 0.2%, in line with expectations

Wholesale prices rose in August about in line with expectations, the final inflation data point as the Federal Reserve gets…

Interest payments on the national debt top $1 trillion as deficit swells

A view shows a bronze seal beside a door at the U.S. Treasury building in Washington, U.S., January 20, 2023. …

OpenAI’s CFO says funding round should close by next week in letter

OpenAI’s Sora AI tool allows users to create AI-generated videos from text-based inputs. Costfoto | Nurphoto | Getty Images OpenAI…

Inflation is slowing but the Fed’s next move is still up in the air

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market…

Stocks making the biggest moves midday: WYNN, RKLB, SAVA

Check out the companies making headlines in midday trading: Bristol-Myers Squibb — The drug maker jumped 1.6% after the U.S.…

Former head of Dallas Fed Kaplan urges a half-point interest rate cut

If Robert Kaplan still had a say in the matter, he’d be pushing for a half percentage point interest rate…

Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger

Miami Beach, Florida, Manolo, restaurant, employees at bakery counter. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images) Jeff Greenberg…

Ray Dalio names the top five forces shaping the global economy

Ray Dalio, founder of Bridgewater Associates, speaks onstage during The Wall Street Journal’s 2024 The Future Of Everything Festival at…

Bank of England presses pause on rate cuts, highlights ‘gradual approach’

Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024.…

Port strike could reignite inflation, with larger economic impact dependent on how long it lasts

Port of Miami dockworkers strike near the port entrance and demand a new labor contract, on October 1, 2024 in…