News
Jill On Money: Fed Chair Powell won’t call it ‘stagflation’
6+ hour, 47+ min ago (447+ words) After the Federal Reserve decided to'hold interest rates steady'at its March policy meeting, Chairman Jerome Powell conducted a'press conference. In it, he was asked whether the economy was facing stagflation. In his very Fed-speak way, Powell said that there was…...
Jill On Money: Stocks sink, crude soars, consumers fret
2+ week, 8+ hour ago (10+ words) Jill On Money: Stocks sink, crude soars, consumers fret'SiliconValley.com...
Key inflation gauge worsened in January, before Iran war lifted gas prices
2+ week, 3+ day ago (377+ words) By CHRISTOPHER RUGABER, Associated Press WASHINGTON" " An inflation gauge closely monitored by the Federal Reserve moved higher in January in the latest sign that prices were persistently elevated even before the Iran war caused spikes in oil and gas costs....
Inflation slows in Bay Area, but food prices keep climbing
2+ week, 5+ day ago (603+ words) Inflation slowed in the Bay Area in February, but food prices continued to climb sharply, a new government report released Wednesday shows. The consumer price index rose 2.5% in the Bay Area on an annual basis compared to 2025, down from the…...
Jill On Money: Warsh named as Fed chair — Should you care?
1+ mon, 3+ week ago (386+ words) The months-long beauty contest is over: President Donald'Trump has named'Kevin Warsh to succeed Jerome Powell as Federal Reserve Chair. Before explaining why you should care, a quick rundown of Warsh's resume: " He served as Fed governor during the financial crisis…...
California consumer confidence tumbles to 5-year low
2+ mon, 2+ day ago (504+ words) California consumers started 2026 on an anxious note, with their collective confidence in the economy'falling to a five-year low. My trusty spreadsheet's review of the Conference Board's Consumer Confidence Index for January showed a 28% decline from December in California's shopper pysche....
Inflation cooled slightly in December though it remains above Fed’s target
2+ mon, 2+ week ago (814+ words) By CHRISTOPHER RUGABER | Associated Press Consumer prices rose 0.3% in December from the prior month, the Labor Department said Tuesday, the same as in November. Excluding the volatile food and energy categories, core prices rose 0.2%, also matching November's figure. Increases at…...
Meta names former Trump adviser Dina Powell McCormick as president and vice chairman
2+ mon, 2+ week ago (224+ words) Powell McCormick previously served on Meta's board of directors " where, the company notes, she was "deeply engaged" in accelerating its artificial intelligence push across platforms. In her new management role, Meta says Powell McCormick will help guide its overall strategy,…...
Jill On Money: Is the economy A-OK?
3+ mon, 3+ week ago (571+ words) The U.S. economy is growing, and the stock market is up, so why are so many Americans feeling left behind? "The economy looks better on paper, than in reality for many," says Diane Swonk, chief economist at KPMG. In a recent…...
California shoppers intensely searching for bargains
4+ mon, 1+ week ago (623+ words) As the holiday shopping season gets into full gear, California consumers are intensively searching for deals. I mean, they're literally aggressively searching " online. My trusted spreadsheet analyzed Californians' online search habits over the past eight years through October, using Google…...