News
Warsh is sworn in as the Fed chair after Trump's bid for greater control over the independent bank - my Mother Lode. com
3+ day, 15+ hour ago (720+ words) Trump spent months criticizing Warsh's predecessor, Jerome Powell, for being reluctant to cut interests rates, with the Republican president arguing that lower borrowing costs would provide an economic boost. By taking the unusual step of holding the ceremony in the…...
Target books strongest sales growth in 4 years with customers buying into refreshed line up - my Mother Lode. com
5+ day, 20+ hour ago (666+ words) Published May 20, 2026 4: 20 am: Updated May 20, 2026 6: 12 am The retail chain also raised its annual revenue outlook, saying it expected the momentum to continue the rest of the year. Shares rose 1. 6% before the opening bell Wednesday. Target CEO Michael Fiddelke, a 20-year…...
America In Focus: Hotter inflation doesn't stop consumers, investors - my Mother Lode. com
1+ week, 2+ day ago (531+ words) In the past week, many Americans remained focused on the economy, inflation and how those forces could impact their lives. Trips to the grocery store or gas station are more painful than they were last year, and that is impacting…...
Argentina's beef consumption falls to lowest level in 20 years as prices soar
1+ week, 2+ day ago (701+ words) Published May 16, 2026 4: 14 am Among the stacks of beef boxes and red meat cuts hanging from metal hooks, chicken and pork are increasingly present. Red meat consumption in Argentina " historically one of the world's biggest consumers of beef " has fallen to…...
Takeaways from Fed chair Jerome Powell's legacy - my Mother Lode. com
1+ week, 3+ day ago (805+ words) WASHINGTON (AP) " When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs. Now, as Powell steps down from…...
Takeaways from Fed chair Jerome Powell's legacy
1+ week, 3+ day ago (1134+ words) Published May 15, 2026 4: 15 am Now, as Powell steps down from the post after eight tumultuous years, the U. S. economy is transformed: Inflation soared after the pandemic and has remained above the Fed's 2% target for more than five years, angering voters and making…...
India raises fuel prices as global energy crisis adds pressure on economy - my Mother Lode. com
1+ week, 3+ day ago (489+ words) Published May 15, 2026 4: 22 am In New Delhi, gasoline prices rose to 97. 77 rupees ($1. 17) a liter, while diesel climbed to 90. 67 rupees ($1. 09) a liter. India imports about 90% of its oil and has been hit hard by rising energy prices and supply disruptions linked to…...
Producer prices shot up 6%, adding pressure on companies to hike prices for struggling customers - my Mother Lode. com
1+ week, 5+ day ago (357+ words) U. S. wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, most since December 2022, as the 10-week Iran war pushed up energy prices and put pressure on companies to pass along higher costs to consumers. The Labor…...
Who is incoming Fed chair Kevin Warsh? - my Mother Lode. com
1+ week, 5+ day ago (462+ words) WASHINGTON (AP) " The U. S. Senate on Wednesday confirmed Kevin Warsh to lead the Federal Reserve. President Donald Trump had picked the former Fed governor to replace Jerome Powell, believing that Warsh can deliver the booming economy the president had promised voters....
Japanese automaker Nissan reduces losses and expects to return to profit - my Mother Lode. com
1+ week, 5+ day ago (346+ words) Published May 13, 2026 4: 18 am Nissan Motor Corp. , based in the port city of Yokohama, reported a 533 billion yen ($3. 4 billion) loss, smaller than the 670. 9 billion yen in red ink racked up the previous fiscal year. Nissan's annual sales fell 5% to 12 trillion yen…...