EconomyUnited States
September Inflation Hits 3.7%, Lifting Social Security
U.S. inflation rose to 3.7% in September, triggering a 3.6% Social Security COLA for 2027 as energy costs and the Iran war squeeze household budgets.
—5 min read
Tag
#Federal Reserve
74 articles
EconomyUnited States
September Inflation Hot; Social Security COLA Set at 3.6%
September CPI rose 3.7% annually on surging gas prices, triggering a 3.6% Social Security COLA for 2027 as the Fed weighs another rate hike.
—5 min read
EconomyUnited States
The American Consumer Keeps Spending. For How Long?
U.S. consumer spending stays resilient despite inflation and record-low sentiment, but economists warn the strain may be building.
—6 min read
EconomyAwards
2 Americans Win Nobel Economics Prize for Boom-Bust Work
Robert Hall and Michael Woodford won the 2026 Nobel Prize in economics for models that help central banks smooth boom-bust cycles.
—6 min read
Economy
Layoffs Are Rare, but Finding a New Job Takes Longer
With only 29,000 jobs added in September, unemployed Americans are taking longer to find work as benefits run out before paychecks resume.
—6 min read
PoliticsEconomy
Trump Panel to Probe Fed's Cook in New Firing Bid
Trump signed a memo creating a committee of inquiry to investigate Fed Governor Lisa Cook, escalating his year-long effort to remove her.
—6 min read
EconomyUnited States
Borrowing Costs Climb as Mortgage Rates Hit 3-Year High
Mortgage rates hit a three-year high of 7.40% as the Fed signals more hikes, straining household budgets for homes and cars.
—5 min read
EconomyFinance
Treasury Yields Hit 24-Year Highs as Bond Rout Deepens
A global bond sell-off pushed 10-year Treasury yields to 5.35%, the highest since 2002, driving up mortgages, car loans and corporate borrowing costs.
—5 min read
EconomyPolitics
U.S. Adds Just 29,000 Jobs in September, Missing Forecasts
U.S. employers added just 29,000 jobs in September, far below forecasts, as unemployment rose to 4.2%. The weak report reshapes the Fed's path.
—6 min read
EconomyUnited States
U.S. Adds Just 29,000 Jobs as Labor Market Loses Steam
U.S. employers added only 29,000 jobs in September, unemployment rose to 4.2%, and wage growth hit a five-year low, casting doubt on a Fed rate hike.
—6 min read
EconomyUnited States
U.S. Added Just 29,000 Jobs in September
The U.S. added only 29,000 jobs in September as unemployment rose to 4.2%, the final report before midterms, cooling odds of an October Fed hike.
—6 min read
EconomyUnited States
Mortgage Rates Hit Highest Since 2023 on Treasury Surge
U.S. mortgage rates climbed to 7.6%, the highest since 2023, as Treasury yields spiked to multi-decade highs on persistent inflation.
—6 min read
Economy
U.S. Job Openings Slip to 7.1 Million as Labor Market Cools
U.S. job openings slipped to 7.1 million in August, missing forecasts for a third month as quits fade and layoffs stay low.
—5 min read
EconomyUnited States
US Economic Sentiment Near Record Low on Prices
US consumer sentiment fell to 48.1 in September, near a record low, as gas prices, mortgage rates and inflation squeeze households before the midterms.
—6 min read
BusinessEconomy
Bond Yields Hit Two-Decade High as Oil Swings on Iran
U.S. Treasury yields surged to two-decade highs while oil prices swung on conflicting U.S.-Iran headlines, deepening a global bond selloff.
—6 min read
EconomyChina
China Holds LPR Steady for 16th Straight Month
China's Loan Prime Rate stayed unchanged for a 16th month, as analysts say external tightening by the Fed, ECB and BOJ has limited impact.
—4 min read
Economy
How the Fed's Interest Rate Actually Works
The Fed just raised rates for the first time since 2023. Here's how its key tool shapes inflation, borrowing costs, and your pocketbook.
—5 min read
EconomyChina
RMB Breaks Past 6.70 Against Dollar, Strongest Since 2023
China's onshore and offshore renminbi both strengthened past 6.70 per dollar, the strongest since 2023, driven by dollar weakness and Fed rate-cut bets.
—4 min read
EconomyInternational
Fed Hikes Rates for First Time in Three Years
The Federal Reserve raised interest rates 25 basis points to 3.75%-4%, its first hike since 2023, as inflation and oil prices stay elevated.
—7 min read
EconomyPolitics
Fed Weighs First Rate Hike Since 2023
The Federal Reserve is expected to raise interest rates Wednesday for the first time since 2023, defying President Trump's demands for cuts.
—5 min read
EconomyPolitics
Fed Rate Hike Odds Near 90% After Hot CPI Report
Rate hike odds climbed to nearly 90% after a hotter-than-expected August CPI report, setting up a politically fraught Fed decision before the midterms.
—7 min read
Economy
August Inflation Ticks Up, Teeing Up a Fed Rate Hike
U.S. inflation rose 0.4% in August as a hotter-than-expected core reading strengthened the case for a Federal Reserve rate hike next week.
—6 min read
PoliticsEconomy
Trump's Boom Promise Collides With Jobs Report Reality
Strong August jobs report raises Fed rate hike odds, complicating Trump's economic narrative two months before midterm elections.
—7 min read
EconomyPolitics
Trump's Boom Narrative Strains Against Economic Reality
Despite a solid August jobs report, Trump's boom narrative faces headwinds from inflation, tariffs, and affordability concerns.
—7 min read
Economy
US Job Openings Rise to 7.3 Million, Labor Market Steady
U.S. job openings ticked up to 7.27 million in July, signaling a sturdy labor market despite higher costs and cautious hiring.
—4 min read
Markets & Economy
Oil Prices Surge, Stocks Fall After US Hits Iran in Hormuz
US strikes on Iranian sites in the Strait of Hormuz sent oil prices up 2.8% and stocks lower as markets weigh regional instability and Fed rate hike risks.
—6 min read
Economy
Fed Chair Warsh Signals Rate Hikes as Inflation Persists
Fed Chair Kevin Warsh signals rate hikes may be needed as inflation stays elevated, sending bond yields higher and markets bracing for September.
—7 min read
Economy
US Borrowing Costs Surge as Low-Rate Era Comes to an End
The 30-year Treasury yield hits its highest level since 2007 as US debt crosses $40 trillion, raising concerns about the end of the low-rate era.
—6 min read
Business & Economy
Treasury Doubles Bond Buybacks to Curb Surging Yields
Treasury doubles long-dated bond buybacks to at least $4 billion per operation, an interventionist shift to lower rates amid a bond market selloff.
—6 min read
Economy
US Retail Sales Slump as Summer Tax-Refund Boost Fades
US retail sales fell 0.6% in July, the biggest drop in over a year, as tax-refund spending faded and gas prices rose amid Iran war tensions.
—5 min read
Economy
Inflation Cools in July But Consumer Spending Declines
July inflation cooled to 3.4% but retail sales fell 0.6%, the biggest drop in over a year, as American households pull back on spending.
—5 min read
Economy
Wholesale Inflation Slows as Gas and Food Costs Fall
Wholesale price inflation slowed in July as gas and food costs fell, giving the Federal Reserve more room to hold rates steady at its September meeting.
—5 min read
Economy
Five Economic Takeaways: Inflation, Spending, and Trends
This week's economic data reveals key trends in inflation, consumer spending, grocery prices, and gas costs affecting American households.
—5 min read
Economy
Mortgage Rates Dip for First Time in Six Weeks
Mortgage rates fell slightly for the first time in six weeks, offering a small reprieve for homebuyers, though rates remain higher than last year.
—5 min read
Economy
July Inflation Cools to 3.4%, Offering Fed Reprieve on Rates
U.S. inflation eased to 3.4% in July, giving the Federal Reserve breathing room as it weighs its September rate decision amid elevated energy prices.
—6 min read
Economy
US Employers Cut 23,000 Jobs Amid Iran War Strain
US employers unexpectedly cut 23,000 jobs in July amid Iran war strain, while unemployment dipped to 4.1% as workers left the labor market.
—5 min read
Economy
Mortgage Rates Rise 5th Straight Week to 6.69%
Average 30-year U.S. mortgage rate rose to 6.69%, the fifth straight weekly increase and highest since July 2025, as Iran war pushes up yields.
—6 min read
EconomyMarkets
US Stocks Edge Lower as Oil Prices Rise, Earnings Roll In
US stocks slipped from recent records as rising oil prices, mixed earnings, and Iran-Oman Hormuz talks weighed on Wall Street. July jobs report due Friday.
—5 min read
Business
Stocks Waver Near Records as Oil Prices Hold Steady
US stocks wavered near record highs Wednesday as oil prices held steady amid ongoing Strait of Hormuz negotiations and strong corporate earnings.
—5 min read
Economy
US Job Openings Slip to 7.4M, Labor Market Resilient
US job openings fell to 7.36 million in June, but the labor market remains resilient amid the Iran war and Hormuz closure, with layoffs staying low.
—5 min read
EconomyPolitics
US Economy Grows at Sluggish 1.5% as Inflation Persists
US GDP grew just 1.5% in Q2 2026 as consumer spending surged. Inflation stayed stubbornly high at 3.7%, complicating the Fed's path ahead of midterms.
—6 min read
BusinessEconomy
Fed Holds Rates Steady as Warsh Signals Caution on Hikes
The Federal Reserve held rates at 3.50%-3.75% as Chair Kevin Warsh balanced cooling inflation against risks from the Iran conflict and rising oil prices.
—6 min read
EconomyUS Politics
Fed Chair Warsh Under Pressure as Inflation Test Looms
Fed Chair Warsh faces a critical test at the July FOMC meeting as persistent inflation and Iran-driven gas prices test his anti-inflation rhetoric.
—6 min read
Economy
10-Year Treasury Yield Hits Highest Under Trump Second Term
Treasury yield hit 4.7%, highest under Trump, as oil topped $100 on Iran war fears, reigniting inflation and pushing mortgage rates higher.
—5 min read
EconomyPolitics
Warsh Vows to Beat Inflation, Defend Fed Independence
Fed Chair Kevin Warsh told Congress inflation won't persist on his watch, announced five task forces, and defended the central bank's independence.
—5 min read
EconomyUS
Inflation Cools in June as Gas Prices Fall, Easing Fed
US inflation fell to 3.5% in June as gas prices dropped 9.7%, the largest CPI decline in four years. Core inflation eased, reducing pressure on the Fed.
—5 min read
EconomyPolitics
Inflation Cools to 3.5% as Warsh Vows to Defeat Price Surge
June CPI cools to 3.5% as Fed Chair Warsh vows regime change. Iran war threatens new price spikes, creating a delicate balancing act for policymakers.
—5 min read
TechnologyEconomy
200+ Economists Warn AI Threatens Jobs and Economy
Over 200 economists, including 16 Nobel laureates, warn AI could transform the economy faster than the Industrial Revolution as AI spending raises prices.
—5 min read
Economy
US Hiring Slows Sharply in June as Consumer Gloom Persists
U.S. employers added just 57,000 jobs in June, far below expectations, as consumer confidence remains historically low amid war-induced inflation.
—4 min read
EconomyUnited States
US Adds Just 57,000 Jobs in June as Hiring Slows Sharply
The US economy added 57,000 jobs in June, well below expectations, as the unemployment rate ticked down to 4.2% and wage growth trailed inflation.
—5 min read
EconomyFinance
Warsh: Inflation Risks Have Declined in Recent Weeks
Fed Chair Kevin Warsh says inflation risks have declined, citing falling energy prices after the US-Iran deal. He also addressed AI and Fed independence.
—5 min read
Supreme Court & PoliticsPolitics
Supreme Court Term: Conservative Wins and Trump Losses
The Supreme Court term expanded presidential power while dealing Trump defeats on birthright citizenship, the Fed, and mail-in voting.
—7 min read
Economy
Key Inflation Gauge Hits 3-Year High as Mortgage Rates Climb
The Fed's preferred inflation gauge surged to 4.1% in May, a three-year high, as mortgage rates hover near 6.5% and the Iran war drives energy costs.
—5 min read
EconomyPolitics
Inflation Hits 3-Year High as Iran War Lifts Energy Prices
The Fed's preferred inflation gauge hit 4.1% in May, a three-year high, driven by energy costs from the Iran war. Core inflation rose to 3.4%.
—5 min read
International FinanceObituary
Alan Greenspan, Former Fed Chairman, Dies at 100
Alan Greenspan, the influential former Federal Reserve chairman who served from 1987 to 2006, has died at age 100 from Parkinson's complications.
—6 min read
International Business & Finance
Alan Greenspan, Architect of Monetary Policy, Dies at 100
Alan Greenspan, former Federal Reserve chairman who served under four presidents and guided US monetary policy for 18 years, has died at 100.
—6 min read
ObituariesEconomy
Alan Greenspan, Former Federal Reserve Chairman, Dies at 100
Alan Greenspan, who served as Federal Reserve chairman from 1987 to 2006 and shaped U.S. monetary policy through boom and crisis, has died at 100.
—5 min read
Financial MarketsEconomy
Gold Erases 2026 Gains as Goldman Sachs Slashes Price Target
Gold prices have wiped out all 2026 gains, falling over 22% from January's peak. Goldman Sachs and Citi slash targets as the Fed turns hawkish.
—4 min read
Economy & Finance
Housing Crisis, New Fed Chair, North Dakota Tax Revolution
Income needed to buy a home has nearly doubled since 2020, Kevin Warsh takes over the Fed, and North Dakota emerges as a tax-friendly contender.
—6 min read
EconomyFinance
Kevin Warsh Takes Over as Fed Chair: What Changes to Expect
Kevin Warsh takes over as Federal Reserve Chair, bringing shorter statements, hawkish signals, and task forces. Here's what his leadership means.
—5 min read
Business & Economy
Fed Holds Rates Steady in Warsh's First Meeting as Chair
The Fed held rates at 3.5%-3.75% in Kevin Warsh's first meeting as chair. The hawkish dot plot signals potential rate hikes amid 4.2% inflation.
—6 min read
EconomyInflation
US Producer Prices Surge 6.5% in May on Iran Energy Shock
US producer prices rose 6.5% in May, the largest yearly jump since 2022, driven by soaring energy costs from the Iran war and Hormuz closure.
—5 min read
Economy
Inflation Hits 4.2%, Highest in 3 Years, on Energy Surge
U.S. inflation hit 4.2% in May, highest in 3 years, as Iran war drove gas prices up 40%. Producer prices surged 6.5%, biggest jump since 2022.
—5 min read
EconomyPolitics
U.S. Inflation Hits 4.2% as Iran War Drives Energy Costs
U.S. inflation surged to 4.2% in May, a three-year high, as the Iran war drives energy costs. Core CPI rose 2.9%, raising questions about Fed policy.
—5 min read
International FinanceEconomy
Gold Falls Below $4,300 as Rate Hike Fears Overwhelm Demand
Gold prices plunged below $4,300/oz, returning to end-2025 levels, as strong US jobs data and global tightening expectations outweigh geopolitical risks.
—5 min read
EconomyFinance
Gold Prices Plunge Again, Returning to End-of-2025 Levels
Gold prices crashed 3.25% on June 5, falling below $4,400/oz after US jobs data beat expectations, reigniting fears of Fed rate hikes.
—4 min read
EconomyPolitics
US Adds 172,000 Jobs in May as Labor Market Rebounds
The US added 172,000 jobs in May, far exceeding expectations. But strong hiring complicates the Fed's inflation fight as new Chair Kevin Warsh prepares.
—4 min read
Economy
172,000 Jobs Added in May, But Young Graduates Left Behind
The U.S. added 172,000 jobs in May, beating expectations. But with underemployment at 43%, a separate crisis is unfolding for young graduates.
—7 min read
Finance & Economy
Gold's May Rollercoaster: Where Is the Market Headed?
Gold prices swung wildly in May 2026, peaking at $4,774 before plunging below $4,400. Analysts weigh Fed policy, central bank buying and the outlook ahead.
—4 min read
PoliticsEconomy
Powell Warns Against Political Pressure on Fed in JFK Speech
Former Fed Chair Jerome Powell used his JFK Profile in Courage Award speech to warn against political pressure on the Federal Reserve, courts and schools.
—5 min read
Economy
Inflation Hits 3.8%, Consumer Sentiment at Record Low
US inflation hits 3.8% in April, highest in three years, as consumer sentiment plunges to a record low amid the Iran war-driven energy crisis.
—7 min read
EconomyPolitics
PCE Inflation Hits 3.8% in April as Spending Power Erodes
The Fed's preferred PCE inflation gauge rose to 3.8% in April, squeezing households as incomes fall and savings dwindle, complicating rate cut prospects.
—4 min read
Economy
U.S. Inflation Hits 3.8%, Fastest Pace in Three Years
The PCE price index rose 3.8% in April, the fastest since May 2023, driven by energy costs from the Iran war and straining household budgets.
—5 min read
EconomyPolitics
Kevin Warsh Takes Charge of Fed Amid Rising Inflation Threat
Kevin Warsh was sworn in as Fed chair on May 22, inheriting an economy with 3.8% inflation, a divided FOMC, and pressure from Trump to cut rates.
—5 min read