News
Fed well positioned to study AI’s economic impact, Daly says
1+ hour, 57+ min ago (334+ words) Fed well positioned to study AI's economic impact, Daly says San Francisco Federal Reserve President Mary Daly on Thursday said she feels monetary policy is where it should be, as the Fed tries to suss out the extent and timing…...
U.S. economic growth slowed sharply to 1.4% in Q4
6+ hour, 51+ min ago (889+ words) U.S. economic growth slowed sharply to 1.4% in Q4 By Abha Bhattarai, The Washington Post//February 20, 2026// The U.S. economy cooled sharply at the end of 2025, with growth slowing to an annual rate of 1.4%, as tariffs and a weeks-long government shutdown sapped its earlier momentum....
U.S. trade deficit widens as imports surge in December
1+ day, 4+ hour ago (806+ words) U.S. trade deficit widens as imports surge in December By Lucia Mutikani, Reuters//February 19, 2026// WASHINGTON " The U.S. trade deficit widened sharply in December amid a surge in imports, and the goods shortfall in 2025 was the highest on record despite President Donald Trump's…...
U.S. inflation cools in January due to moderation in rent, gas
1+ week, 1+ hour ago (735+ words) U.S. inflation cools in January due to moderation in rent, gas By Lucia Mutikani, Reuters//February 13, 2026// WASHINGTON " U.S. consumer prices increased less than expected in January amid cheaper gasoline and a moderation in rental inflation, but households faced higher costs elsewhere, suggesting…...
U.S. firms confront widening consumer income gulf
1+ week, 1+ day ago (670+ words) U.S. firms confront widening consumer income gulf By Shivansh Tiwary and Juveria Tabassum, Reuters//February 12, 2026// Companies ranging from Ralph Lauren, Tabby handbag maker Tapestry, and American Express, to airlines including United and Delta Air exceeded expectations in their results for the…...
Strategists foresee 10-year Treasury yields rising on inflation
1+ week, 1+ day ago (597+ words) Strategists foresee 10-year Treasury yields rising on inflation BENGALURU " Long-dated U.S. Treasury yields will hold steady in the near term but rise later this year on inflation and Federal Reserve independence concerns, while short-dated yields edge down on Federal Reserve rate…...
CBO forecasts growing budget deficit amid tax cuts, tariffs
1+ week, 1+ day ago (539+ words) CBO forecasts growing budget deficit amid tax cuts, tariffs By David Lawder and Richard Cowan, Reuters//February 12, 2026// WASHINGTON " The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, showing that on balance, President…...
U.S. job growth surges, unemployment falls to 4.3%
1+ week, 2+ day ago (846+ words) U.S. job growth surges, unemployment falls to 4.3% By Lucia Mutikani, Reuters//February 11, 2026// WASHINGTON " U.S. job growth unexpectedly accelerated in January and the unemployment rate fell to 4.3%, signs of labor market stability that could give the Federal Reserve room to keep interest rates…...
Growth in U.S. labor costs cools in fourth quarter
1+ week, 3+ day ago (335+ words) Growth in U.S. labor costs cools in fourth quarter WASHINGTON " Growth in U.S. labor costs unexpectedly slowed in the fourth quarter, leading to the smallest annual increase in 4-1/2 years, as softening demand for labor restrained wage gains. The Employment Cost Index (ECI),…...
Trump housing goals may clash with Warsh’s Fed balance sheet plans
1+ week, 3+ day ago (860+ words) Trump housing goals may clash with Warsh's Fed balance sheet plans By Andrew Ackerman, The Washington Post//February 10, 2026// President Donald Trump has made housing affordability a centerpiece of his economic agenda, repeatedly emphasizing his desire to see mortgage rates fall....