What the latest numbers from the Fed’s preferred inflation gauge show

The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The...

Ex-Fed chiefs rally behind Lisa Cook

Alan Greenspan, Ben Bernanke, Janet Yellen and other former top economic officials appointed by...

The US economy grew at a faster pace than previously thought in Q2

An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8%...

Who should foot the bill for Louisiana’s $3B Meta power upgrade?

In a rural corner of Louisiana, Meta is building one of the world’s largest...

US initial unemployment claims dip following recent spike

The number of Americans applying for jobless benefits retreated significantly last week after surging...

Fed trims key interest rate a quarter-point, signals two more cuts in 2025

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected...

Why Trump wants to scrap quarterly earnings reports

President Donald Trump wants to do away with the quarterly earnings report. In a post...

US inflation worsened in August, so how will the Fed react?

Inflation rose last month as the price of gas, groceries, hotel rooms and airfares...

Study links dozens of heat waves to fossil fuel producers

Fifty-five heat waves over the past quarter-century would not have happened without human-caused climate...

US wholesale prices decelerated in August

U.S. producer prices fell unexpectedly last month, dropping 0.1% from July. The Labor Department reported...