3+ hour, 26+ min ago  (1771+ words) Latest numbers: A report from the Labor Department today showed consumer prices in March were up 3. 3% from a year ago. That's the biggest annual increase since May of 2024. Prices jumped 0. 9% between February and March, with higher gasoline prices accounting for…...

2+ week, 3+ day ago  (1736+ words) Why now: The jobs report was initially set to come out earlier this month, but the government's ability to monitor the job market was hampered by the six-week federal shutdown. Why it matters: Monthly job gains have dropped sharply since…...

4+ mon, 3+ week ago  (383+ words) You value independent local news, so become a sustainer today to power our newsroom. Americans will likely face higher prices on items for their Thanksgiving dinners this year. Turkey, typically the centerpiece of the Thanksgiving meal, will be one of…...

1+ mon, 1+ week ago  (1749+ words) More details: Warsh served on the Fed's governing board from 2006 to 2011 after working as an economic adviser in the George W. Bush administration. He beat out other shortlist contenders for the Fed job, including National Economic Council director Kevin Hassett and…...

2+ mon, 1+ week ago  (454+ words) The Federal Reserve held interest rates steady Wednesday, as expected, despite pressure from President Donald Trump for much lower borrowing costs. The central bank has already cut its benchmark interest rate three times since September, making it cheaper to borrow…...

4+ mon, 2+ week ago  (1663+ words) The reaction: Utilities said the decline would affect their ability to bring in needed investment for their work. Critics of the decision said that the decline is too small to meaningfully impact ratepayers" bills, even if it"s a step…...

5+ mon, 1+ week ago  (1752+ words) Why it matters: It's the Fed's second rate cut in six weeks, after holding rates steady for much of the year in an effort to curb stubborn inflation. The Federal Reserve cut its benchmark interest rate by a quarter percentage…...

5+ mon, 1+ week ago  (474+ words) The Federal Reserve is expected to cut its benchmark interest rate by a quarter percentage point Wednesday, as policymakers work to shore up the softening job market. That would be the Fed's second rate cut in six weeks, after holding…...

6+ mon, 6+ day ago  (771+ words) For economists who follow the job market, the first Friday of the month is usually like Christmas morning. That's when the Labor Department ordinarily delivers its closely-watched report on jobs and unemployment. But the first Friday of October brought nothing…...

5+ mon, 2+ week ago  (385+ words) Consumer prices still rising: Prices rose 3. 0% in September from a year ago, slightly below forecasters' expectations, according to the U. S. Bureau of Labor Statistics (BLS). On a month-to-month basis, prices rose 0. 3%, cooling slightly from the 0. 4% inflation reported in August. Overall, the…...