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Inflation

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The Fed just penciled in only one interest rate cut this year—but officials are divided on policy
Finance
The Fed just penciled in only one interest rate cut this year—but officials are divided on policy
By Will DanielJune 12, 2024
Even Americans earning six figures say they are living paycheck to paycheck—including people making over $200,000
Success
Even Americans earning six figures say they are living paycheck to paycheck—including people making over $200,000
By Chloe BergerJune 12, 2024
Jerome Powell
Finance
Fed slaps down rate-cut hopes despite cool inflation report: ‘We’ll need to see more good data’
By Christopher Rugaber and The Associated PressJune 12, 2024
Investors celebrate as an ‘unequivocally good’ inflation report opens the door for Powell to cut rates this fall
Finance
Investors celebrate as an ‘unequivocally good’ inflation report opens the door for Powell to cut rates this fall
By Will DanielJune 12, 2024
hand squeezes a house
Finance
The housing market crisis shows that the tool the Fed is using to lower inflation is doing the exact opposite, former White House adviser says
By Jason MaJune 9, 2024
American Airlines flight attendants hold “ready to strike” signs
Companies
American Airlines flight attendants say their pay is so low, they fight for airplane meals to save money and sleep in their cars—and they’re ready to strike
By Eva RoytburgJune 8, 2024
Bed, Bath & Beyond storefont
Finance
They accrued debt to buy back their own stock. It led them to bankruptcy
By Bernard Condon and The Associated PressJune 7, 2024
The jobs report will ‘lead to continued controversy,’ leaving Jerome Powell in wait-and-see mode and dashing investor hopes for imminent rate cuts
Finance
The jobs report will ‘lead to continued controversy,’ leaving Jerome Powell in wait-and-see mode and dashing investor hopes for imminent rate cuts
By Will DanielJune 7, 2024
NYC comptroller: Food delivery apps are blaming minimum pay for inflation. It’s baloney
Commentary
NYC comptroller: Food delivery apps are blaming minimum pay for inflation. It’s baloney
By Brad LanderJune 7, 2024
Real estate billionaire Barry Sternlicht says rents will rise in two years—and it’s Jerome Powell’s fault
Finance
Real estate billionaire Barry Sternlicht says rents will rise in two years—and it’s Jerome Powell’s fault
By Alena BotrosJune 6, 2024
Christine Lagarde gives a speech
Finance
ECB drops interest rates in Europe, but remains cautious on inflation: ‘Are we today moving into a dialing-back phase? I wouldn’t volunteer that’
By Jana Randow, Mark Schroers, Alexander Weber and BloombergJune 6, 2024
Biden sold off nearly 50% of the Strategic Petroleum Reserve. Is that a problem?
Personal Finance
Biden sold off nearly 50% of the Strategic Petroleum Reserve. Is that a problem?
By Alicia AdamczykJune 6, 2024
One of Wall Street’s top strategists sees stocks dropping 10% due to a ‘moderate form of stagflation’
Finance
One of Wall Street’s top strategists sees stocks dropping 10% due to a ‘moderate form of stagflation’
By Will DanielJune 5, 2024
Gen X is set to be a hoagie, not sandwich generation—chipping in longer for their aging parents and children
Success
Gen X is set to be a hoagie, not sandwich generation—chipping in longer for their aging parents and children
By Chloe BergerJune 5, 2024
Federal Reserve Chair Jerome Powell
Finance
The Fed was too focused on the soft landing and has stuck the U.S. economy with higher prices, Stifel chief economist says
By Paolo ConfinoJune 5, 2024
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