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Latest Articles
Social Security Recipients on Track for Biggest Raise in 4 Years
5+ hour, 24+ min ago (290+ words) Social Security recipients are on track for their biggest yearly increase in 4 years, according to the latest forecast. But that higher payment comes with a catch as inflation continues to shape benefit checks. The Social Security Administration is set to…...
Corporations Should Only Care About One Thing: Making Money
24+ min ago (265+ words) I am increasingly tired of hearing “profit” treated as a dirty word, as though earning more than you spend is evidence of some uniquely corporate moral failure. If someone wants to condemn a business for pursuing profit, then that business…...
Unemployment, inflation in rural areas are broadly consistent with national trends: Fed's Cook
48+ min ago (60+ words) Seeking Alpha The unemployment rate and inflation in rural communities are broadly consistent with national trends, according to the Federal Reserve Board Governor Lisa Cook. Cook was speaking on "Rural Economy" before the "2026 Investing in Rural America Conference: The Strength…...
Fed???s Cook says inflation has stayed too high for too long
19+ min ago (275+ words) The Fed Governor Lisa Cook crossed the wires on Wednesday and said she is committed to returning inflation to the Fed’s 2% goal while preserving the strength of the labour market. She added that “inflation has been too long,” in a…...
Fed watchdog finds no crimes in $2.4B building renovation, only mismanagement
8+ min ago (552+ words) “Our review found that the Board has not effectively managed and executed its … contract and repeatedly deviated from its cost-management provisions,” the report said. The building project became a high-profile flashpoint in the Trump administration’s efforts to pressure the Fed…...
Fed seen on pause in October after inflation data
4+ hour, 27+ min ago (265+ words) Sept 30 (Reuters) - A Federal Reserve rate hike next month looked less likely Wednesday after fresh government data showed inflation rose less than expected in August, easing pressure on the US central bank to act on the eve of hotly contested…...
Fed Watchdog Finds No Crime in Headquarters Renovation Project
2+ hour, 29+ min ago (535+ words) According to the review, the central bank's Board of Governors failed to establish a guaranteed maximum price or formal success metrics, even after four years of construction and more than $2 billion in awarded contracts. The watchdog noted that specific high-profile…...
Brokers tip up to 67% for these 3 ASX shares
39+ min ago (658+ words) All three are rated a strong buy ASX shares have slid lower this week as investors digest the latest interest rate hike and inflation data remains stubbornly high. But, while the outlook looks bleak for some S&P/ASX 200 Index…...
Soft economy should limit Bank of Canada???s rate hikes: Capital Economics
2+ hour, 12+ min ago (595+ words) Trade uncertainty and slowing immigration levels could restrict how high the Bank of Canada’s benchmark interest rate goes next year, according to a new report published by Capital Economics on Wednesday. The report argues that the risks plaguing Canada’s growth…...
US Goods Trade Deficit Widens 11.5% in August as Imports Surge - News and Statistics
49+ min ago (190+ words) The United States goods trade deficit widened sharply in August as imports surged, a development that suggests trade could continue to weigh on economic growth in the third quarter, according to Reuters. The Commerce Department's Census Bureau reported that the…...