Fed says it’s not ready to cut rates until ‘greater confidence’ inflation is moving to 2% goal
Federal Reserve officials at their June meeting indicated that inflation is moving in the right direction but not quickly enough ...
Tag: Breaking News: Economy
Manhattan is now a ‘buyer’s market’ as real estate prices fall and inventory rises
Manhattan is becoming a buyer's market as apartment prices fell and inventory rose in the second quarter of 2024, according ...
Is inflation Biden’s or Trump’s fault? The answer isn’t so simple, economists say
Former President Donald Trump, left, and President Joe Biden face off in the first debate of the 2024 presidential campaign, ...
Cocoa prices are soaring. Candy makers will need to get creative
Dried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia, on Friday, ...
Fed holds rates steady, indicates only one cut coming this year
The Federal Reserve on Wednesday kept its key interest rate unchanged and signaled that just one cut is expected before ...
Microsoft is outsourcing its best AI, tech CEO says — and that’s good news for Google
This photograph shows a screen displaying the logo of Bard AI, a conversational artificial intelligence software application developed by Google, ...
The Covid-19 pandemic worsened a child care crisis, and it’s costing U.S. businesses billions
Vadym Buinov | Moment | Getty ImagesThe Covid-19 pandemic brought to the surface both cracks and resilience in the American ...
France is aiming to become a global AI superpower — but not without help from U.S. Big Tech
French President Emmanuel Macron speaks during a meeting with members of the AI sector at the Elysee Presidential Palace in ...
Fed’s Williams says inflation is too high but will start coming down soon
John Williams, president and chief executive officer of the Federal Reserve Bank of New York, during the Market Forum: FX ...
Federal Reserve minutes indicate worries over lack of progress on inflation
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee ...
