News

Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...
Here's a letter from a Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street expects ...
The rate-cut narrative continues to feed market optimism, as overnight the U.S. Treasury Secretary Scott Bessent suggested the Federal Open Market Committee (FOMC), which next meets September 16-17, ...
The president blasted David Solomon (and his erstwhile DJ side gig) in a social post Tuesday, suggesting he fire a top ...
Treasury Secretary Scott Bessent wants Federal Reserve officials to lower interest rates by half a percentage point at the ...
Treasury Secretary Scott Bessent is pushing for 50bps to offset missed opportunities earlier this summer, but some analysts ...
Futures tracking the S&P 500 and the Nasdaq indexes were pinned at record highs on Wednesday, buoyed by increasing confidence ...
U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices ...
Treasury Secretary Bessent urges a Fed rate cut of 50 basis points in September, citing weak jobs data and stable inflation ...
The Federal Reserve complies with an investment firm's request to learn which board members voted to keep its most recent ...
July inflation data suggests the FOMC's dual mandate may not be in as much of a pickle as economists previously feared.