Sep 27 More U.S. corporate giants warn tariffs will mean price hikes By Tom Krisher, Josh Boak, Associated Press A growing number of iconic American companies are warning that President Trump's tariffs on U.S. imports are raising their costs and prices. Continue reading
Sep 26 Analysis: The dangers of the Fed rate hike By Paul Solman The conventional wisdom was that the Federal Reserve would again hike short term interest rates today. That wisdom proved correct, as did the prediction that the Fed would say it is committed to further hikes. The conventional explanation is that… Continue reading
Sep 26 Watch 4:00 News Wrap: Fed raises interest rate, warns against drawn-out trade war In our news wrap Wednesday, the Federal Reserve raised a key short-term interest rate for the third time this year, to 2.25 percent. Fed chairman Jerome Powell also said that "widespread tariffs that remain in place for a long time"… Continue watching
Sep 26 Citing strong economy, Fed raises rates for third time this year By Martin Crutsinger, Associated Press Many economists worry, though, that Trump's combative trade policies could slow the economy. Continue reading
Sep 25 3 things to watch with the Federal Reserve poised to raise interest rates By Martin Crutsinger, Associated Press The Federal Reserve is expected to raise interest rates Wednesday, but economists will also be watching for a signal that another hike is likely before the end of the year. Continue reading
Aug 30 U.S. consumer spending up a solid 0.4 percent in July By Martin Crutsinger, Associated Press U.S. consumer spending rose a solid 0.4 percent in July, the sixth straight month of healthy gains. Continue reading
Jun 20 Central bank chiefs of 4 major nations raise trade concerns By Christopher Rugaber, Associated Press The leaders of the central banks of four major economies expressed alarm Wednesday that multiple trade conflicts are threatening to slow global growth. Continue reading
Mar 21 Federal Reserve raises key interest rate, says it expects 2 more hikes this year By Martin Crutsinger, Associated Press These steps show confidence that the economy remains sturdy nearly nine years after the Great Recession ended, officials said. Continue reading
Feb 21 Fed officials: Stronger economy boosts chance for rate hikes By Martin Crutsinger, Associated Press Federal Reserve officials at their January meeting believed that a brightening global economic picture and the effects of recently passed tax cuts had raised the prospect for solid growth and continued interest rate increases. Continue reading
Feb 04 Yellen disappointed not to get a second term as Fed chair By Martin Crutsinger, Associated Press Janet Yellen said she was disappointed that President Donald Trump didn't offer her a second term as Federal Reserve chair, but supports her central bank successor, Jerome Powell, who takes over on Monday. Continue reading