Breaking news
-
Economy
Bank of America’s CEO says economic growth is ‘better than people think’ and the Fed should stay on hold
Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid…
Read More » -
Economy
The Fed will update its rate projections Wednesday. Here’s what to expect
US Federal Reserve Chairman Jerome Powell reacts as he speaks during a news conference at the end of the two-day…
Read More » -
Finance
Stocks making the biggest moves midday: Intel, Tesla, Affirm, Robinhood and more
Check out the companies making headlines in midday trading: Affirm — The buy now, pay later company saw shares slide…
Read More » -
Economy
Retail sales increased 0.2% in February, though spending up less than expected
Consumers spent at a slower than expected pace in February, though underlying readings indicated that sales still grew at a…
Read More » -
Economy
Consumer sentiment slumps in March to lowest since 2022 as Trump tariffs spark more inflation worries
Consumer sentiment took another hit in March as worries intensified over inflation and a slumping stock market, according to the…
Read More » -
Economy
Wholesale price measure was flat in February, compared with expected increase
Wholesale prices were flat in February providing some more welcome news on inflation amid tariff fears, the Bureau of Labor…
Read More » -
Economy
U.S. budget deficit surged in February, passing $1 trillion for year-to-date record
The U.S. Treasury Building is seen from the Washington Monument on a cold, winter day on Jan. 21, 2025 in…
Read More » -
Economy
Inflation rate hits 2.8% in February, less than expected
Prices for goods and services moved up less than expected in February, providing some relief as consumers and businesses worry…
Read More » -
Economy
Job openings see gains in January in a sign of labor market stability
Attendees and recruiters at a City Career Fair hiring event in Sacramento, California, US, on Thursday, Feb. 27, 2025. David…
Read More » -
Finance
Powell says Fed is awaiting ‘greater clarity’ on Trump policies before making next move on rates
Jerome Powell, chairman of the US Federal Reserve, speaks during the University Of Chicago Booth School Of Business Monetary Policy…
Read More »
