US inflation rises to 3% in September — paving way for fed to cut rates next week
US inflation ticked up in September to 3% — a slightly lower than expected number that paves the way for the Federal Reserve to cut rates at its policy meeting ...
Tag: Economy
Average long-term US mortgage rate slips to 6.27%, nearing a low for 2025
The average rate on a 30-year U.S. mortgage declined again this week, easing to just above its lowest level this year. The average long-term mortgage rate slipped to 6.27% from ...
GOP has ‘better plan’ on economy, immigration, crime and more in brutal poll for Dems
More Americans believe Republicans have “a better plan” than Democrats when it comes to handling several key issues — including the economy, immigration, crime, gun control and political extremism, according ...
DC federal judge to weigh order blocking Fed gov Lisa Cook’s firing ahead of interest rate meeting
WASHINGTON — A Washington, DC, federal judge was weighing an order Friday that would block Federal Reserve Governor Lisa Cook’s ouster by President Trump after hearing arguments for more than ...
Two Fed dissenters appeared alone in favoring rate cut as tariff debate simmers: meeting minutes
The two Federal Reserve policymakers who dissented against the central bank decision’s to leave interest rates unchanged last month appear not to have been joined by other policymakers in voicing support for lowering rates at ...
Labubu craze could spell doom for the economy, expert warns
Labubu dolls have been spotted dangling from Louis Vuitton and Saint Laurent purses as fashion’s quirky new status symbol, but their popularity could soon spell doom for the economy, an ...
Trump trade adviser pledges tariff rates ‘pretty much set’ as several countries scramble for deals
President Trump’s newly unveiled tariff rates are unlikely to change much, his trade adviser and National Economic Council declared, while downplaying the risk of market turmoil. “I know a lot ...
Trump fires Biden-appointed Bureau of Labor Statistics commissioner after bad jobs report: ‘Numbers were RIGGED’
President Trump ordered the dismissal Friday of the head of the Bureau of Labor Statistics (BLS), hours after the economic data collection agency released a report showing unemployment ticked up ...
Blumenthal: Senate Should Probe Trump Firing Labor Statistics Commissioner
Friday on MSNBC’s “The Weeknight,” Sen. Richard Blumenthal (D-CT) said the Senate would probe President Donald Trump’s decision to fire Erika McEntarfer, the commissioner of labor statistics. Co-host Michael Steele ...
CNBC’s Jim Cramer drops F-bomb live on air while marveling over Trump’s ‘great economy’
CNBC host Jim Cramer’s excitement about President Donald Trump’s latest trade deal got the better of him on Monday. Cramer blurted out “What the f—!” during a segment of CNBC’s “Squawk ...
