Fed's favored inflation gauge shows consumer price pressures remained elevated in July
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in July, as the central bank mulls an interest...
Trump asks court to allow removal of Fed's Lisa Cook immediately; judge sets quick schedule
President Donald Trump on Friday requested that a federal judge deny a request by Federal Reserve Governor Lisa Cook to prevent...
Mortgage rates tumble to lowest level since October 2024
Mortgage rates fell to the lowest level since October 2024, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary...
Southwest Airlines begins using FAA-mandated cockpit barriers on new Boeing jetliners
Southwest Airlines on Friday began flying its first jetliner built with a secondary flight deck barrier designed to prevent intrusions...
World leader issues warning to Trump on Fed independence
A key leader in the world economy is warning that undue interference in the Federal Reserve's operations by President Donald Trump...
Trump admin weighs national housing emergency, Treasury's Bessent says
Treasury Secretary Scott Bessent on Monday said that the Trump administration is mulling the declaration of a national housing emergency in...
Fed's current monetary policy stance is 'exactly where we want to be,' official says
A member of the Federal Reserve panel that makes decisions about monetary policy said that he favors keeping interest rates at...
Starbucks CEO sets new time goal for baristas making your order
Four minutes or less. That is how long the Starbucks chief executive officer would like for it to take from...
Producer prices surged more than expected in July, spurring inflation concerns
Wholesale inflation increased much more than expected in July, raising concerns about a resurgence of inflationary pressures in the economy. ...
Mortgage rates fall to 10-month low
Mortgage rates fell to a 10-month low, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey,...
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