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Warsh’s return revives tensions over the Fed’s $US6.6 trillion quantitative easing hangover
15+ min ago (35+ words) For much of the time President Donald Trump was mulling his choice for the next Fed chair, the debate in markets swirled around whether his pick would lower interest rates as aggressively as he preferred....
Consumer Watch with Candice Evans: Unit pricing hack to help your dollar go further when grocery shopping
15+ min ago (31+ words) Grocery shopping is a fact of life, and with cost-of-living pressures continuing to bite, many people are spending more time hunting for ways to stretch their shopping dollars further....
Partial US government shutdown will delay January's employment report, BLS says
26+ min ago (97+ words) Partial US government shutdown will delay January's employment report, BLS says'Yahoo Finance Oops, something went wrong Prediction markets are now on Yahoo Finance Partial US government shutdown will delay January's employment report, BLS says WASHINGTON, Feb 2 (Reuters) - The "U.S. Bureau of…...
Canadian Dollar churns as US shutdown suspends NFP release
30+ min ago (565+ words) " CAD treads water near 1.3550 against USD as markets digest ongoing US government shutdown and suspended economic data releases. " BLS announced Friday's NFP jobs report is suspended until federal operations resume; US Capitol remains mired in budgetary gridlock. The Canadian Dollar…...
RBA interest rates: Economist Brendan Rynne warns Federal Government spending is driving Australian rate hikes
32+ min ago (62+ words) Stephen Johnson has worked as a journalist for more than two decades, covering Federal and State politics in Canberra, Sydney and Brisbane, along with economics and finance. He has been a reporter with Daily Mail Australia, Australian Associated Press, the…...
Pound Sterling losses slow as BoE rate decision looms
40+ min ago (486+ words) " GBP/USD eased to 1.3646 on Monday, retreating from the August 2021 high of 1.3847 touched last week as markets position ahead of Thursday's BoE decision. " BoE widely expected to hold rates at 3.75% on Thursday; markets see less than 50% chance of more than…...
If You Make Less Than $100,000, You're Probably Not Buying A New Car
45+ min ago (481+ words) New-car prices are higher than ever. The average transaction price just recently hit over $50,000 in December, and now the number of consumers who earn less than $100,000 is plummeting." According to new data from"Cox Automotive, consumers who earn less than…...
Trump’s tariffs are keeping inflation from going lower, report finds
45+ min ago (468+ words) The Supreme Court is currently considering whether to strike down Trump's use of emergency powers to levy import taxes by fiat President Donald Trump loves taking credit for reductions in inflation that began months before he took office, but according…...
Spending power grew in 9 states
48+ min ago (91+ words) (CNN)" Most Americans have lost spending power in the past five years. That's not news to most people. But here's the interesting thing, nationally pay rose by 18% between 2020 and 2024 while inflation went up 21%. But, where you live can significantly impact…...
Dollar Rallies on Strong US Manufacturing News and Hawkish Bostic Comments
49+ min ago (738+ words) February 02, 2026 " 05:55 pm EST The US Jan ISM manufacturing index rose +4.7 to 52.6, stronger than expectations of 48.5 and the strongest pace of expansion in more than 3.25 years. Atlanta Fed President Raphael Bostic said, "We have so much momentum in the US economy…...