Economy Sep 20 Federal Reserve rate hike reflects new world of sticky inflation and faster growth By Christopher Rugaber, Associated Press
Economy Sep 16 Watch 6:54 Interest rate hike a 'reassuring' sign Fed is acting independently, economist says The Federal Reserve raised interest rates by a quarter of a point, the first hike in three years. It comes as the war in Iran continues to put pressure on prices and is the first major move by Fed Chair… By Geoff Bennett, Courtney Norris
Economy Sep 16 Retail sales rise better-than-expected 1.2% in August The strong spending report comes as the Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation. By Anne D'Innocenzio, Associated Press
Economy Sep 11 U.S. diesel prices soar past $6 a gallon, deepening strain for hauling everyday goods Diesel prices in the U.S. hit yet another record on Friday, soaring past $6 a gallon on average as Washington’s war with Iran disrupts the world’s flow of fuel. By Wyatte Grantham-Philips, Associated Press
Economy Sep 11 U.S. inflation accelerated last month as gas prices spiked, squeezing Americans' finances U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters with midterm elections now just seven weeks away.
Sep 07 Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him By Josh Boak, Associated Press President Donald Trump has spent 20 months promising that America was on the cusp of an economic boom. But Friday's surprisingly positive jobs report ultimately provoked frustration from Trump. Continue reading
Sep 04 U.S. diesel prices hit a record high, pushing up transportation costs for a long list of goods By Wyatte Grantham-Philips, Associated Press Diesel hit a record price in the U.S. on Friday, soaring to an average of $5.85 a gallon for the first time as the six-month war with Iran disrupts the world’s flow of fuel. Continue reading
Sep 02 8 questions GOP lawmakers face as the House returns By Lisa Desjardins Republicans face a torrent of questions about the words and actions President Donald Trump has unleashed while they’ve been gone. Continue reading
Aug 29 Warsh raises stakes for Fed's next meeting, and other takeaways from Jackson Hole conference By Christopher Rugaber, Associated Press Warsh's high-profile speech at the Fed's annual Jackson Hole economic conference was mostly praised afterward by economists and other Fed policymakers in attendance. Still, there was also some pushback and criticism during the first day of the conference. Continue reading
Aug 28 Watch 6:11 Fed Chair Warsh not ruling out interest rate hike amid inflation concerns By Amna Nawaz, Karina Cuevas, Amalia Huot-Marchand Federal Reserve Chair Kevin Warsh said there is still work to do on inflation. At the Fed’s annual economic symposium in Jackson Hole, Wyoming, Warsh also said that although he is not committed to a rate hike, he is not… Continue watching