Fed officials are worried about tariffs’ impact on inflation and see rate cuts on hold, minutes show
Federal Reserve officials in January agreed they would need to see inflation come down more before lowering interest rates further, ...
Tag: economy
Fed Governor Bowman says more progress on inflation is needed before further rate cuts
Federal Reserve Bank Governor Michelle Bowman gives her first public remarks as a Federal policymaker at an American Bankers Association ...
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve ...
Here’s a potential winner from the Trump tariffs: American tourists traveling abroad
A customer at a food market in Palma, Mallorca, Spain.Andrey Rudakov/Bloomberg via Getty ImagesAs economists ring alarm bells over the ...
Stocks making the biggest moves after hours: Amazon, Pinterest, Expedia and more
Amazon signage during the 2024 CES event in Las Vegas, Nevada, on Jan. 10, 2024.Bridget Bennett | Bloomberg | Getty ...
Many workers would take a pay cut to work from home — some would forgo at least 20% of their salary
Coroimage | Moment | Getty ImagesMany workers value remote work to such a degree that they'd take a pay cut ...
How the U.S. has used tariffs through history — and why Trump is different, economists say
Shipping containers are seen at the Port of Montreal in Montreal, Canada, on Feb. 3, 2025. Andrej Ivanov | Afp | ...
Fed’s Powell has had no contact with Trump after president said he’ll demand rates drop
Federal Reserve Chair Jerome Powell said Wednesday he has not spoken to President Donald Trump since the newly inaugurated president ...
OpenAI in talks to raise funding that would value AI startup at up to $340 billion
OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI ...
Here’s how tariffs on Canada, China and Mexico may impact U.S. consumers
President Donald Trump on Jan. 27, 2025 in Doral, Florida.Joe Raedle | Getty Images News | Getty ImagesPresident Donald Trump ...
