6+ hour, 17+ min ago   (145+ words) “The relentless run-up in Treasury yields reflects the globe’s new economic reality: It takes a much richer reward to persuade investors to lend their money, especially for the longer run,” Axios reports. “Unlike previous bond sell-offs driven by inflation fears,…...

18+ hour, 47+ min ago   (185+ words) “Federal Reserve chairman Kevin Warsh testified before Congress over two days last week, totaling more than five hours. Yet it was comments from several of his colleagues that gave the clearest picture of what the central bank is likely to…...

1+ week, 1+ day ago   (144+ words) “The road ahead for the U.S. economy looks like a two-lane highway: stubbornly elevated inflation in one lane, strengthened growth and employment in the other,” the Wall Street Journal reports. “That is the consensus from 72 forecasters surveyed this month by…...

2+ week, 11+ hour ago   (138+ words) “America’s grocery stores are cutting prices to attract consumers who have pared back spending to cope with rising costs,” the New York Times reports. “The grocery industry has struggled over the past 18 months as higher food bills, reductions in food-stamp…...

3+ week, 1+ day ago   (125+ words) Federal Reserve Chair Kevin Warsh said he will not preview future interest rate decisions, telling attendees at the European Central Bank Forum on Wednesday that attempts to get him to reveal his thinking are going to fail, Semafor reports. Said…...

3+ week, 2+ day ago   (120+ words) “Americans’ attitudes toward the economy improved slightly this month as gas prices declined, but their outlook is still mostly negative by historical standards,” the Associated Press reports. “The Conference Board said Tuesday that its consumer confidence index rose 0.6 point to…...

3+ week, 4+ day ago   (176+ words) “When Kevin Warsh was sworn in as Federal Reserve chairman at the White House last month, he reached back to the man last sworn in at the same spot 39 years ago. Alan Greenspan was the first to ‘show me what…...

3+ week, 6+ day ago   (153+ words) “Predicting what the Federal Reserve will do next has become an exercise in trying to game out the tactical instincts of a new chairman who isn’t giving the world much to work with,” Axios reports. “While it’s early days in…...

4+ week, 15+ hour ago   (326+ words) “The Federal Reserve’s primary price gauge rose at its highest core level since 2023, reinforcing the central bank’s recent tough talk on inflation,” CNBC reports. “The personal consumption expenditures price index showed inflation running at a seasonally adjusted 4.1% annual rate, the…...

4+ week, 18+ hour ago   (154+ words) “The big-picture indicators of the U.S. economy — GDP, unemployment and so on — are doing fine while public opinion on economic conditions is at rock bottom,” Axios reports. “The big picture: The juxtaposition is the result of not just the elevated…...