Elon Musk's Department of Government Efficiency has targeted federal agencies like USAID, CFPB, and NOAA to reduce government ...
China’s DeepSeek sent the shares of major power companies tumbling in late January on speculation that its AI model is ...
In New England, pandemic-era early retirements and an aging population have left businesses struggling to find workers.
Former Federal Reserve adviser John Harold Rogers has been indicted on charges of economic espionage. Prosecutors allege Rogers shared confidential U.S. financial data with Chinese contacts posing ...
The Fed’s preferred inflation gauge advanced 0.3%%. That was the biggest monthyly gain in eight months. AFP via Getty Images The policy statement accompanying the decision did not include the ...
Powell sent a clear message this week that central bankers were in no rush to lower rates, with Fed officials opting to pause rate cuts in the first policy meeting of the year. That seemed to defy ...
On a monthly basis, prices rose 0.3% as compared to 0.1% in November ... is likely to take a bit more time.” The path to the Fed’s 2% inflation target was expected to be long and bumpy ...
That metric declined from 4.3% in October to 4.1% in November and had been nearly 5% last spring. TRUMP BLASTS FED FOR NOT CUTTING INTEREST RATES "Despite the stickiness of inflation in recent ...
In our Barron’s column of January 29, we argued that the Fed’s macro-forecasting prowess ... FOMC members’ 1-year, 2-year, and 3-year “dot plot” rate projections are lousy guides to ...
A logo and rainbow motif on an oil storage silo at the Shell PLC Pernis refinery in Rotterdam, Netherlands, are pictured on Sunday. Photo: Peter Boer, Bloomberg Shell continued its buybacks at a pace ...