Finance & Commerce6h
U.S. jobless claims hit most in a year due to Hurricane Helene, Boeing strike
The number of Americans filing for unemployment benefits last week jumped to its highest level in a year, which analysts are ...
Inside the Plan for Trump to Sideline the Powell Fed
One of Donald Trump’s closest economic advisers has a solution to a longstanding frustration of the former president’s: what ...
Institutional Investor12h
Entering a New Phase in the Wake of September’s Rate Cut from the Federal Reserve
Global disinflation remains on track. A soft landing appears to be the most likely scenario for the U.S. economy. What does ...
'It was too big a cut': Trump and his allies slam Fed after inflation report
Donald Trump criticized the Fed and central bank chairman Jerome Powell following a hotter-than-expected inflation report, ...
Inflation continued to cool as election nears
A cooldown of inflation likely increases the chances of an interest rate cut at the Federal Reserve's meeting on Nov. 7, just ...
ECB To Cut Policy Rates: What About The U.S. Dollar?
Eurozone bond yields are falling as investors anticipate an ECB rate cut. Learn more about how this could reshape the ...
Trump advisor proposes a shadow Fed chair, but Wall Street veteran Ed Yardeni thinks it’s a recipe for disaster
Key Square hedge fund manager Scott Bessent’s plan to sideline Jerome Powell aligns with Trump’s declared aim of eroding the ...
Central Bank Rate Cuts: How Fast And How Far?
In the eurozone, the European Central Bank appeared to be ahead of the Federal Reserve when it began cutting interest rates ...
Hurricane Milton and the Economy
The superstorm is expected to inflict costly and lasting damage in Florida, as the Federal Reserve is already keeping an eye ...
Inflation data to show if price cooldown has continued as election nears
Inflation data set to be released on Thursday will show whether price increases have continued a monthslong slowdown or hit a ...
Construction Dive1d
Construction pros expect interest rate cut to spur new work
Construction executives welcomed the Federal Reserve’s 0.5 percentage point rate cut announced on Wednesday, saying the move is the start of broader easing likely to spur new project starts.
Fed minutes show big rate cut favored by ‘substantial majority’ with inflation slowing
Some” participants, however, supported only a quarter-point cut, while “a few others indicated they could have supported such ...