December inflation data will be 'extremely muddy' economists warn
The Labor Department is set to release the December consumer price index (CPI) on Tuesday, which is expected to show inflation...
Supreme Court set to hear case in Trump fight over Lisa Cook’s Fed seat
The Supreme Court will hear arguments Wednesday on whether President Donald Trump has the authority to remove Lisa Cook from...
Costco quietly boosts gas rewards for branded credit card holders to 5% cash back
Costco has discreetly increased gas rewards for holders of its branded credit card. Members with the Costco Anywhere Visa Card,...
Trump to interview BlackRock's Rick Rieder for Fed chair role
Exclusive: President Donald Trump will interview Rick Rieder, BlackRock’s chief investment officer of global fixed income, this week to possibly...
Americans' paychecks grow stronger as Main Street shows new economic strength
Recent economic data shows signs of growing strength on Main Street, as Americans' take-home pay ticks higher and contributes to rising...
Klarna CEO calls credit cards interest rates an 'extraction machine,' backs Trump's proposed 10% rate cap
Klarna CEO Sebastian Siemiatkowski expressed support for President Donald Trump’s push to cap credit card interest rates at 10% during...
Former Fed chairs, Treasury secretaries defend Jerome Powell amid Trump DOJ's criminal probe
A group of former Federal Reserve chairs and Treasury secretaries released a joint statement defending Fed Chair Jerome Powell after he...
Inflation held steady in December, remaining well above the Fed's 2% target
Inflation rose at a steady pace in December and remained persistently above the Federal Reserve's target rate as policymakers consider...
Kevin Hassett floats 'Trump card' proposal after pushback on credit card interest rate cap
The Trump administration is floating a new proposal aimed at expanding access to credit cards after the president's calls for a...
Global central bank leaders back Fed Chair Powell amid federal investigation
A group of global central bank leaders issued a joint statement on Tuesday to express their support for Federal Reserve...
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