Traders now see next Fed interest rate move as a hike following inflation surge
Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Monday, Dec. 15, 2025. Al Drago...
Breaking News: Economy
'Biggest bottleneck in the AI buildup' fuels DRAM ETF to record
The Roundhill Memory ETF (DRAM) just hit $9.8 billion in assets under management in 43 days— the fastest pace ever...
30-year Treasury yield tops 5.1%, highest in nearly a year
Traders work on the floor at the New York Stock Exchange, April 23, 2026.Jeenah Moon | ReutersU.S. Treasury yields spiked...
Detroit automakers have cut more than 20,000 U.S. salaried jobs as AI threat looms
The former General Motors headquarters inside the Renaissance Center in Detroit, April 15, 2024.Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT...
Fed Governor Miran submits resignation, throws support behind Warsh as new chair
Stephen Miran, Federal Reserve Board of Governors member, during a television interview on the floor of the New York Stock...
Bond market believes Fed behind the curve on inflation as Warsh takes over
A trader works, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed...
Bessent sees 'substantial disinflation' ahead as Warsh takes over the Fed
Even with recent inflation news universally bad, Treasury Secretary Scott Bessent expects price pressures to ease soon, just in time...
Americans still feel pessimistic about the economy. When will it get better?
American consumers have been pessimistic for so long that now economists are wondering when — or even if — households...
Five takeaways from the Trump-Xi summit in Beijing so far
U.S. President Donald Trump arrives for a state banquet hosted by Chinese President Xi Jinping at the Great Hall of...
Trump, Xi begin summit in first U.S. presidential trip to Beijing in nearly a decade
US President Donald Trump (L) and China's President Xi Jinping stand for their counties' national anthems during a welcome ceremony...
Analysis: Trump finally gets his man at the Fed. Will Kevin Warsh disappoint him?
It has taken 8½ years, but on Wednesday President Donald Trump finally succeeded in reversing one of the few mistakes...
Kevin Warsh wins Senate confirmation as the next Federal Reserve chair
Kevin Warsh was confirmed Wednesday as the next Federal Reserve chair, taking over the central bank at a time when...
Allegiant CEO makes case for low-cost airline model as Sun Country acquisition closes
An Allegiant Air plane lands at Harry Reid International Airport on July 26, 2022, in Las Vegas.Chase Stevens | Las...
Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022
Wholesale prices in April posted their highest annual increase in more than three years, signaling more nettlesome inflation as pipeline...
It's not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas
U.S. consumers are blaming the Iran War for the recent inflation surge. But data shows prices are rising in more...
Europe is still a hot destination for U.S. tourists, says Mastercard's Michelle Meyer
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailMichelle Meyer, Mastercard Economics Institute chief economist, joins...
Companies start getting tariff refunds after Supreme Court decision
Containers at the Port of Oakland in Oakland, California, US, on Thursday, March 26, 2026. David Paul Morris | Bloomberg...
Markets raise chances for a Fed rate hike following hot inflation report
A customer shops for produce in an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell |...
Here's the inflation breakdown for April 2026 — in one chart
Fuel prices are displayed on a sign as customers fill their vehicles at a gas station in Miami, April 13,...
Consumer prices rose 3.8% annually in April, the highest since May 2023
Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, as...
