Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year
Federal Reserve Chairman Jerome Powell pauses while delivering remarks at a news conference following a Federal Open Market Committee (FOMC) ...
Tag: economy
Fed holds interest rates steady, still sees two cuts coming this year
WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still ...
Dollar General CEO warns consumers are cash-strapped, and says 2025 won’t be better
The exterior of a Dollar General convenience store on August 30, 2024 in Austin, Texas.Brandon Bell | Getty ImagesDollar General ...
Tech’s 3-week sell-off, led by Tesla, wipes out $2.7 trillion in value from megacaps
Less than two months ago, the tech industry's top leaders flocked to Washington, D.C., for the presidential inauguration, part of ...
Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis
Treasury Secretary Scott Bessent speaking to CNBC on March 13th, 2025. CNBCTreasury Secretary Scott Bessent said Sunday the Trump administration is focused ...
Goldman Sachs offers its newest option for downside protection in volatile markets
Goldman Sachs Asset Management is trying to serve more investors looking for downside protection from market turmoil.Bryon Lake helped the ...
Goodbye to ‘bags fly free’ on Southwest Airlines, the last freebie in America
Passengers check in for Southwest Airlines flights at Chicago Midway International Airport on Feb. 18, 2025 in Chicago, Illinois.Scott Olson ...
Y Combinator startups are fastest growing, most profitable in fund history because of AI
Silicon Valley's earliest stage companies are getting a major boost from artificial intelligence.Startup accelerator Y Combinator -- known for backing ...
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Shoppers cast shadows as they carry their bags along the waterfront in Portland, Maine, U.S, December 26, 2024. Kevin Lamarque | ...
Here’s the inflation breakdown for February 2025 — in one chart
Eggs for sale at a grocery store in Los Angeles on Feb. 26, 2025.Eric Thayer/Bloomberg via Getty ImagesInflation receded in ...
