Critics warn that the tariffs will drive up consumer prices and fuel inflation. In theory, the Fed should respond only to demand shocks, unexpected events affecting the demand for goods and services.

MIAMI (AP) — Title fights are nothing new to Alexander Volkanovski. His featherweight bout early Sunday morning against Diego Lopes was his 10th championship fight in a row, but Volkanovski had ...

MIAMI (AP) — Alexander Volkanovski reclaimed the featherweight championship early Sunday morning, defeating Diego Lopes by unanimous decision at UFC 314. Two judges scored the fight 49-46 and ...

BOSTON — The new top federal prosecutor in Massachusetts underscored her opposition this week to supervised drug use sites and issued a “guarantee” that the Trump administration will never ...

Lady Gaga delivered a five-act career-spanning — and perhaps defining — performance, Benson Boone sang “Bohemian Rhapsody” with Queen's Brian May on guitar and Lisa drew a massive crowd to ...

The Berkshire End-of-Life Network is sponsoring an advance health care directives program from 2 to 3:30 p.m. Wednesday, April 16, National Healthcare Decisions Day. The meeting will take place in the ...

Addressing a group of reporters at an event hosted by the Economic Club of New York on Thursday, Goolsbee said the information the Fed has about direct lending practices and the market's treatment of ...

“A tariff is like a negative supply shock. That’s a stagflationary shock, which is to say it makes both sides of the Fed’s dual mandate worse at the same time,” Goolsbee said Thursday at ...

The decision followed a briefing by the New York Fed’s system open account manager, which laid out the case for slowing the runoff while there was uncertainty over how soon Congress would raise ...

SIMI VALLEY, Calif. (KABC) -- Residents say they are fed up and contacted ABC7 for help about an apparent hoarder house in Simi Valley. Neighbors told Eyewitness News they want the eyesore cleaned ...

The minutes of the U.S. central bank’s mid-March meeting, released on Wednesday, showed that Fed officials already felt they were operating in a thickening cloud of uncertainty that had the ...

“The hurdle to change the federal funds rate one way or the other has increased due to tariffs,” Kashkari wrote early Wednesday in an essay published on the Minneapolis Fed’s website.