Fed's Waller backed a half-point cut, citing faster-than-expected inflation slide - report
Federal Reserve Governor Christopher Waller said Friday he backed a 50-basis-point interest-rate cut at this week's Federal ...
Oil prices fall as Fed rate cut stirs economic worries, storage report mixed
Oil fell on Wednesday after two sessions of gains after an industry report showed increasing U.S. crude and fuel inventories, ...
Cigna Sues Federal Trade Commission Over ‘Defamatory’ Report
Cigna Group’s Express Scripts sued the US Federal Trade Commission over a recent report that the company said demonizes ...
Federal report on Surfside collapse won’t be released until 2026. What’s taking so long?
Delays in the federal probe into what caused the deadly Champlain Towers South condo collapse in 2021 mean a draft report on ...
Albuquerque Journal3d
Report: Intel in Rio Rancho could benefit from new chips deal with federal government
It isn’t clear if the new contract with the federal government, which will provide $3 billion in direct funding to Intel, ...
Fed’s Jerome Powell admits ‘we might well have’ cut rates in July if it knew about jobs report
Powell, however, said the policy decision announced by the Fed on Wednesday does not mean it is behind the curve; rather, he ...
NY Fed report finds mostly stable inflation expectations in August
The U.S. public's outlook for inflationary pressures was little changed last month amid an ongoing retreat in current price ...
FedEx earnings miss could signal a slowing economy
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
The latest inflation report keeps the Fed on track for a quarter-point rate cut. Wall Street isn't satisfied.
The paltry CPI report means the Fed will likely only cut interest rates by a quarter percentage point. Wall Street, for ...
Fed's rate cut sends stocks to record highs. Where are markets headed from here?
The S&P 500 and the Dow vaulted to record highs one day after the rate cut. Stocks rallied to record highs this week in the ...
USA Today4d
Fed goes with half-point interest rate cut. What that means.
The Fed’s preferred inflation measure, though, has been tamer. Barclays estimates a report later this month will show it fell from to 2.2% in August from 2.5% the previous month while the core ...
The New York Times4d
Fed Announces Big Rate Cut
The Fed’s last meeting, in July, came just two days before a disappointing jobs report that showed rising unemployment and slowing hiring. Many economists said at the time that the report showed ...