Why that ‘last mile’ of the inflation fight may be more challenging
Inflation in the U.S. economy is on the retreat. But the road to ultimate victory may be harder than what’s…
Trump’s proposed 10% tariff plan would ‘shake up every asset class,’ strategist says
Markets need to begin thinking about the structural impact of Donald Trump’s proposed 10% tariff increase, which “shakes up every…
No ‘economic collapse’: Top Citi strategist says healthier economic growth is coming
The global economy does not need a “collapse” in order to bring inflation back to target and return to sustainable…
‘That’s Bidenomics at work’: White House eager to take credit for retail sales bounce
The White House eagerly took credit Wednesday for December’s strong retail sales numbers, which beat expectations due to higher consumer…
Biden administration unveils proposed changes to big banks’ overdraft fees
WASHINGTON — The Consumer Financial Protection Bureau on Wednesday unveiled long-awaited changes to how the nation’s biggest banks structure overdraft…
ABC News cancels Republican debate after Haley refuses to debate without Trump
WASHINGTON — ABC News has announced it will not move forward with its Republican presidential primary debate in New Hampshire…
Trump is a ‘transactional president’ but may not rock the boat on China, Standard Chartered CEO says
Former U.S. President Donald Trump would be a “transactional president” if he returns to power, but is unlikely to blow…
Nikki Haley campaign site lacks policy platform, simple way to evaluate positions
WASHINGTON — Nikki Haley has built her presidential campaign on the support of voters eager for a serious, experienced, conventional…
U.S. carries out new strike in Yemen after Biden vows to keep pressure on
The United States carried out an additional strike against Yemen’s Houthi forces on Friday, two officials told Reuters, after President…
Deflation: Here’s where prices fell in December 2023, in one chart
As inflation continues to throttle back across the broad U.S. economy, some consumer categories have sunk into outright deflation. In…
