Feb 12 WATCH: Powell says Trump’s calls for lower interest rates won’t affect Fed’s decisions By Christopher Rugaber, Associated Press Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions. Continue reading
Feb 03 What to know about Trump’s tariffs, the 30-day pause and possible fallout By Bill Barrow, Associated Press On Monday, President Donald Trump and the leaders of Mexico and Canada announced deals to forestall a potential trade war for 30 days as both U.S. neighbors agreed to placate the American president by boosting efforts to boost border security… Continue reading
Jan 31 Tariffs threatened by Trump could nudge prices in wrong direction as U.S. inflation lingers By Christopher Rugaber, Associated Press Friday’s report from the Commerce Department showed that consumer prices rose 2.6% in December from a year earlier, up from a 2.4% annual pace in November and the third straight increase. Continue reading
Jan 29 WATCH: Fed Chair Powell holds news briefing after key interest rate decision By Christopher Rugaber, Associated Press The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies… Continue reading
Jan 28 Egg prices are soaring, don’t expect that to change soon By Josh Funk, Mark Vancleave, Dee-Ann Durbin, Associated Press It looks like grocery shoppers hoping for soaring egg prices to turn around are likely to be waiting a while. Continue reading
Dec 31 Analysis: How will inflation, interest rates and the U.S. consumer fare in 2025? By D. Brian Blank, Brandy Hadley, The Conversation Two finance scholars share key questions and risks they’re watching as we ring in the new year. Continue reading
Dec 30 The message voters around the world sent to leaders in 2024: ‘You’re fired’ By Jill Lawless, Associated Press Some 70 countries that are home to half the world’s population held elections this year, and in many incumbents were punished. Continue reading
Dec 18 Watch 5:34 Fed lowers interest rates again but inflation concerns make future cuts uncertain By Geoff Bennett The Federal Reserve lowered rates for the third consecutive time but also suggested there won’t be as many interest rate cuts in the year ahead as it once planned. Chairman Jerome Powell said the cut wasn’t an easy decision because… Continue watching
Dec 18 WATCH: Fed Chair Powell holds news conference following quarter-point interest rate cut By Christopher Rugaber, Associated Press The Federal Reserve signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. Continue reading
Dec 17 Canadian prime minister faces growing pressure from his own party to resign By Rob Gillies, Associated Press Canadian Prime Minister Justin Trudeau faces growing pressure to resign from his own Liberal Party after his top minister abruptly quit and criticized his handling of the budget. Continue reading