US inflation gauge ticks higher with price pressures remaining stubborn
Inflation has fallen sharply since it peaked at 7% in mid-2022, according to the Fed’s preferred measure. Yet yearly core ...
Trump's tariffs in his first term did little to alter the economy, but this time could be different
The tariffs he imposed on China in his first term were continued by President Joe Biden, a Democrat who even expanded tariffs ...
American consumers say they're struggling. Tariffs will make inflation much worse.
Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before he takes office.
The Canadian Press on MSN23m
Stock market today: Wall Street wavers as Big Tech stocks fall
Stocks wavered in afternoon trading on Wednesday, as losses for several Big Tech companies offset gains elsewhere in the ...
Soft landing? Not so fast: Inflation heated back up in October
The Federal Reserve’s favored inflation gauge just moved in the wrong direction. It comes as President-elect Donald Trump ...
Inflation ticks higher, upping shopping season pressure
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
Fed poised to cut overnight facility rate in December: Barclays
A popular parking spot for cash during the pandemic could offer investors a lower rate come December. That's Joseph Abate, a rates strategist at Barclays, responding to minutes of the Federal ...
Longmont Times-Call1h
US economy grows at 2.8% pace in third quarter on consumer spending
WASHINGTON (AP) — The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer ...
Dow tops 45K for first time — but Wall Street slips as tech stocks slump
The Dow topped 45,000 for the first time but Wall Street’s main indexes fell on Wednesday, with the Nasdaq leading declines ...
Inflation Re-Accelerates Despite Plunging Gasoline Prices As 'Core Services' PCE Price Index Hits 7-Month High
Inflation has been in services and is still in services, it has become sticky in services, and recently, it has been ...
Key Fed gauge shows inflation is 'going sideways'
October's Personal Consumption Expenditures report is the latest data the Fed will consider in its next interest rate ...