Elon Musk says Fed ‘foolish’ for not cutting interest rates yet
Billionaire Elon Musk said Sunday the Federal Reserve was “foolish” to not have cut interest rates sooner in the wake of ...
Tag: federal reserve
‘more good data’ would boost case for rate cuts
Inflation “remains above” the Federal Reserve’s 2% target, but has been improving in recent months and “more good data would ...
US headed for a deep recession, stocks could fall 30%, analyst warns
There may be trouble looming on the horizon for the U.S. stock market, according to BCA Research. In a note to ...
April job openings fall to 8.1M as signs of cooling economy emerge
US job openings fell in April to the lowest level since 2021. But they remained at historically strong levels despite ...
Pending home sales plunge to lowest level since pandemic began
Contract signings for US home purchases fell by the most in three years in April and the overall level of ...
Home prices surge to another record high in February, defying expectations
Home prices rose to a new record in February amid an ongoing housing shortage, even as high mortgage rates pushed affordability ...
US economy cools as GDP growth hits lowest level since 2022 , inflation remains sticky to send Dow spiraling
The US economy grew at its slowest pace in two years in the first quarter, while prices rose at a ...
Jerome Powell warns Fed Reserve needs more time to battle stubborn inflation
The run of disappointing data showing stronger-than-expected inflation means the Federal Reserve will likely need more time than previously thought ...
The ‘short’ story behind Donald Trump’s Truth Social platform
Shares of Trump Media & Technology Group — the former and possibly future president’s eponymous social-media company — have lost ...
MSNBC cuts off Democratic Rep. Jim Clyburn interview after he claims inflation falling
Democratic US Rep. Jim Clyburn claimed on MSNBC that the Biden administration has inflation under control — only to get ...
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