News
Will Powell stay or go? Fed chair may reveal next steps after central bank meeting Wednesday
4+ hour, 20+ min ago (61+ words) KSAT Trump pursues new import taxes to replace the tariffs the Supreme Court rejected Will Powell stay or go? Fed chair may reveal next steps after central bank meeting Wednesday The Latest: US appears cold to Iranian proposal to end…...
Don't count on rate cuts just yet: Warsh as Fed chair may not lead to big policy changes
3+ day, 41+ min ago (63+ words) KSAT Trump's disdain for wind projects creates a political storm for Republicans in coastal Virginia WEEKEND FORECAST: Hot & humid with a small chance for a severe storm Don't count on rate cuts just yet: Warsh as Fed chair may not…...
Average US long-term mortgage rate slips to 6. 23%, its third weekly drop
4+ day, 12+ hour ago (423+ words) The average long-term U. S. mortgage rate dropped for the third week in a row, easing borrowing costs for prospective homebuyers as the spring homebuying season rolls on. The benchmark 30-year fixed rate mortgage rate fell to 6. 23% from 6. 3% last week, mortgage buyer…...
UK inflation rises in March as prices at the pump spike higher after Iran war
6+ day, 3+ hour ago (472+ words) LONDON " Inflation in the U. K. climbed in March after a sharp jump in prices at the pump in the wake of the disruption to energy supplies caused by the Iran war, official figures showed Wednesday. The Office for National Statistics said…...
FOMO is costing Americans big time, survey shows
1+ week, 4+ day ago (359+ words) Justin Rodriguez, Video Editor The "fear of missing out," better known as FOMO, isn't just a social phenomenon " it's becoming a financial problem for millions of Americans. A new survey from Coupon Cabin reveals that 63% of consumers admit to spending…...
US wholesale prices surged 4% last month as the Iran war sent energy prices soaring
1+ week, 6+ day ago (486+ words) WASHINGTON " U. S. wholesale prices surged last month as the Iran war drove up the cost of energy. The Labor Department reported Tuesday that its producer price index " which measures inflation before it hits consumers " rose 0. 5% from February and 4% from March 2025. The…...
Citing fallout from the Iran war, IMF cuts the outlook for global growth, expects higher inflation
2+ week, 13+ hour ago (562+ words) WASHINGTON " The Iran war has stalled the world's economic momentum this year, likely pushing growth lower compared to 2025, the International Monetary Fund warned Tuesday. The IMF downgraded its forecast for global growth to 3. 1% in 2026 from the 3. 3% it had forecast back…...
Inflation may jump by most in nearly four years as gas prices spike in wake of Iran war
2+ week, 4+ day ago (56+ words) KSAT PEN America launches a US safety program for authors facing harassment Climate change is outpacing evolution. Scientists are using DNA to catch up Picture this: A raffle offers a Picasso for 100 euros to fund Alzheimer's research...
IMF chief warns that Iran war will slow global economic growth
2+ week, 4+ day ago (340+ words) WASHINGTON " The Iran war is darkening the outlook for the world economy " whether or not a fragile ceasefire holds, the head of the International Monetary Fund warned Thursday. Managing Director Kristalina Georgieva said the fund will downgrade its forecast for…...
Key inflation gauge remains elevated in February before Iran war
2+ week, 4+ day ago (331+ words) WASHINGTON " A key measure of inflation stayed high in February, before the war in Iran spiked gas prices, a sign that everyday costs were elevated even before the conflict began. An inflation gauge monitored by the Federal Reserve rose 0. 4% in…...