One of the largest U.S. labor unions asked a federal judge on Wednesday to block Elon Musk's government cost-cutting effort from accessing the Department of Labor's systems, which the union ...
Don’t expect to see much progress on cooling inflation in January’s data. The beginning of the year is typically ripe for ...
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
US stocks fell at the open after January inflation unexpectedly heated up, likely keeping rates steady. Some economists say the easing cycle is over.
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
WASHINGTON – President Donald Trump is considering steps to dismantle the U.S. Department of Education, with potential executive action coming as early as this month. A White House official told ...
(Bloomberg) — US inflation showed scant signs of downward momentum at the start of the year, while healthy job growth undergirded the economy, backing the Federal Reserve’s stance to hold the ...
To US Treasury Secretary Scott Bessent, the yield on 10-year government debt is the key gauge for President Donald Trump’s goal of getting lower interest rates.
What Bloomberg Economics Says: “Chair Powell has said the Fed needs to see ‘real progress’ on inflation or some labor-market weakness to consider adjusting rates. We think January’s CPI ...
Eye on inflation The Labor Department issues its latest report on inflation at the consumer level Wednesday. Economists expect the consumer price index rose 2.9% last month ... The Washington Post or ...
This week's CPI report is expected to be on the hotter side. While that may come as news to some, the market has been preparing for a breakout in inflation across the swaps curve. Inflation ...
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