News
Trump's attacks on Fed backfired, blocking efforts to reshape it
2+ hour, 5+ min ago (209+ words) Jerome Powell will remain on the Federal Reserve board, limiting Donald Trump's ability to reshape the Fed as tensions over interest rates intensify....
Kashkari among Fed officials warning of possible rate hikes
1+ hour, 59+ min ago (507+ words) By Howard Schneider and Michael S. Derby, Reuters//May 1, 2026// WASHINGTON " Federal Reserve officials who dissented against this week's policy statement said on Friday the developing oil price shock from the war in Iran means the U. S. central bank should be clear it…...
AI investments helped U. S. economy rebound in Q1
19+ hour, 50+ min ago (691+ words) WASHINGTON " U. S. economic growth regained speed in the first quarter as businesses boosted investment in artificial intelligence and government spending rebounded after a crippling shutdown, but the pickup is likely temporary, with the Middle East conflict raising inflation and eroding household…...
Central banks weigh rate hikes amid inflation risk
4+ week, 23+ hour ago (888+ words) Balazs Koranyi and Howard Schneider, Reuters//April 2, 2026// FRANKFURT/WASHINGTON " The world's central bankers may be attempting the impossible: to get into the psyche of business executives, labor unions and ordinary households in real time to understand how they are navigating…...
Annual inflation posts biggest gain in nearly three years
23+ hour, 59+ min ago (25+ words) U. S. inflation accelerated in March driven by a 24. 1% surge in gasoline prices, raising expectations that the Federal Reserve may hold interest rates steady....
Fed rate cuts in doubt as Warsh faces tough outlook
1+ day, 3+ min ago (304+ words) Investors question Fed rate cuts as divisions emerge and rising oil prices cloud the outlook ahead of Kevin Warsh's expected leadership shift....
Rise in benefits increases U. S. labor costs in Q1
17+ hour, 55+ min ago (26+ words) U. S. labor costs rose 0. 9% in the first quarter, driven by a 1. 2% jump in benefits, amid moderate wage growth and a softening labor market....
U. S. productivity growth revised down in Q4
1+ mon, 1+ week ago (446+ words) By Lucia Mutikani, Reuters//March 24, 2026// WASHINGTON " U. S. worker'productivity'growth slowed more than initially thought in the fourth quarter, but the trend remained solid and could get a boost from the rapid adoption of artificial intelligence by businesses. The sharp downgrade to'productivity'last quarter,…...
U. S. jobless claims, inflation rise in February
3+ week, 23+ hour ago (752+ words) By Lucia Mutikani, Reuters//April 9, 2026// WASHINGTON " New applications for U. S. unemployment benefits increased moderately last week, showing no signs of labor market deterioration and potentially giving the Federal Reserve room to keep interest rates unchanged as it monitors the economic fallout…...
March import prices increase less than expected
2+ week, 1+ day ago (303+ words) U. S. import prices increased less than expected in March, though the trend still pointed to firming imported inflationary pressures as the Middle East conflict boosts oil prices and snarls supply chains. Economists shrugged off the report from the Labor Department on…...