The central bank confronts “no risk-free path” in balancing the risks of a sharp slowdown in the labor market and resurgent price pressures. By Colby Smith Colby Smith covers the Federal Reserve.
The Federal Reserve is doing a difficult balancing act, trying to tamp down inflation while lifting up the job market, Chair Jerome Powell said Tuesday. “There is no risk-free path for policy as we ...
This is read by an automated voice. Please report any issues or inconsistencies here. Trump says inflation has been ‘defeated,’ but consumer prices rose 2.9% in August, above the Fed’s 2% target.
Stablecoins are now everyday tools for savings, payments and trade in Nairobi and Lagos. Inflation, FX swings and high remittance costs drive adoption. Mobile money links make stablecoins feel ...
Diners already concerned about the cost of eating out may be disappointed to learn that many restaurants are considering raising prices to keep up with inflated food and drink costs. Restaurant ...
Federal Reserve Vice Chair Philip Jefferson on Friday repeated his concerns that the central bank is juggling both a softening labor market at the same time that inflation remains above target. In a ...
A group of Harvard faculty members say many students at the Ivy League university are skipping class, skimming or ignoring reading assignments, avoiding challenging discussions, and still graduating ...
WSJ’s Lindsay Ellis explains how the government shutdown will impact federal workers’ paychecks and what the slowdown in pay could mean for the economy. Photo: Lindsay Ellis/WSJ; Aaron ...
Those inflation refund checks on their way to millions of New Yorkers must be reported as income to the IRS. The state says the checks are considered taxable by the federal government, but not New ...
PORTLAND, Ore. (KOIN) — Over the past few weeks, more and more protesters at the ICE facility in Portland have been wearing costumes — the frog, a dinosaur, Barney. Part of that is due to a new ...
With inflation at 229%, daily prices in Venezuela are set in USDT “Binance dollars,” usually at live P2P rates. Three dollar rates exist (official, parallel and P2P), but merchants mostly follow the ...
The Bureau of Labor Statistics is calling some staff back to work to prepare its closely watched inflation gauge, the Consumer Price Index (CPI) report, despite the government shutdown, a Trump ...
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