3+ day, 12+ hour ago  (718+ words) By WILL WEISSERT and MICHELLE L. PRICE 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…...

4+ day, 8+ hour ago  (758+ words) The S&P 500 rose 0. 2% and inched closer to'its all-time high'set last week. The Dow Jones Industrial Average added 276 points, or 0. 6%, and the Nasdaq composite climbed 0. 1%. All three indexes erased early drops and gained strength following the latest U-turn for oil…...

1+ week, 3+ day ago  (931+ words) Most Californians will recall Jerome Powell's reign as Federal Reserve chairman as an era when life seemed largely unaffordable. The end of his term as boss of the nation's influential central bank prompted my trusty spreadsheet to grade his tenure…...

1+ week, 4+ day ago  (799+ words) By JOSH BOAK and CHRISTOPHER RUGABER Warsh takes over a divided central bank wrestling with the economic fallout from the war started by the U. S. and Israel with Iran on Feb. 28. The conflict has driven up energy prices and made it…...

1+ week, 5+ day ago  (811+ words) By CHRISTOPHER RUGABER and JOEY CAPPELLETTI" Warsh was confirmed Wednesday in a largely party-line vote. His nomination had been thrown into doubt in recent months after Republican Sen."Thom Tillis"of North Carolina said he would block the nomination while…...

1+ mon, 2+ week ago  (1341+ words) It makes no sense. She turns the lights off during the day and only burns one lamp with an energy-efficient bulb in the living room at night, but she keeps falling further behind on payments. In desperation, she took out…...

2+ mon, 16+ hour ago  (836+ words) By Julia Fanzeres and Augusta Saraiva | Bloomberg Wall Street is cutting its forecasts for the U. S. economy this year, boosting its projections for inflation and unemployment and nudging up the odds of a recession as the impact of the Iran war…...

2+ mon, 1+ day ago  (631+ words) Longer-term interest rates have risen quickly since the war began Feb. 28, pushing up the cost of'mortgage loans, auto loans, and business borrowing. And with inflation measures likely to rise in the coming months, the prospect of interest rate cuts this…...

3+ mon, 4+ week ago  (504+ words) California consumers started 2026 on an anxious note, with their collective confidence in the economy'falling to a five-year low. My trusty spreadsheet's review of the Conference Board's Consumer Confidence Index for January showed a 28% decline from December in California's shopper pysche....

4+ mon, 1+ day ago  (223+ words) The inescapable conclusion is that most of the wounds of California's affordability crisis are self-inflicted. Here are but a few examples. The Golden State also has the highest state sales tax in the nation (7. 25%) and the seventh-highest combined average state…...