Fed keeps rates steady as it notes ‘lack of further progress’ on inflation
WASHINGTON – The Federal Reserve on Wednesday held its ground on interest rates, again deciding not to cut as it continues a…
Why hundreds of U.S. banks may be at risk of failure
Hundreds of small and regional banks across the U.S. are feeling stressed. “You could see some banks either fail or…
Worker pay rose more than expected in Q1 in another sign of persistent inflation
Employee compensation costs jumped more than expected to start the year, providing another danger sign about persistent inflation, while consumer…
All the data so far is showing inflation isn’t going away, and is making things tough on the Fed
The last batch of inflation news that Federal Reserve officials will see before their policy meeting next week is in,…
Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
Former President Donald Trump’s political operatives are putting together a plan that would give him unprecedented influence over the Federal…
Why the Fed keeping rates higher for longer may not be such a bad thing
With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well,…
‘Big change’ in global growth is bullish for commodities including copper, says VanEck CEO
Investors should consider commodities due to a “big change” involving international expansion, according to VanEck CEO Jan van Eck. “The…
Wall Street pushes out rate-cut expectations, sees risk they don’t start until March 2025
If there was any doubt before, Federal Reserve Chair Jerome Powell has pretty much cemented the likelihood that there won’t…
Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp.…
