Inflation measure closely watched by the Fed fell to 2.2% in August
An inflation measure closely tracked by Federal Reserve policymakers fell in August to 2.2% as inflation continued to trend ...
August PCE: Key fed inflation gauge rose 2.2.% annually, beating expectations
Inflation continued to inch closer to the Federal Reserve benchmark target on Friday, falling to 2.2% year-to-year in August, ...
New PCE reading supports case for smaller Fed rate cut in November
A fresh reading on inflation Friday keeps the Federal Reserve on track to continue cutting interest rates this fall — likely ...
InvestmentNews12m
Fed to hit 2 percent inflation target in early 2025
A poll of economists and policymakers also projects another half percentage point of rate cuts by the end of this year.
Retail Dive30m
Most holiday shoppers will buy a gift for themselves this year
Consumers will spend over $1,200 on gifts, food, decor and experiences for the season, according to JLL, and roughly 83% will buy something for themselves.
New Republic9mOpinion
J.D. Vance Gave Brutal Verdict on Trump’s Presidency in 2020 Messages
It turns out that as recently as 2020, J.D. Vance was critical of Donald Trump.
The Argus38m
New schizophrenia drug could ‘change the lives of millions of people’
The US Food and Drug Administration has approved the new drug Cobenfy, which is owned by pharmaceutical firm Bristol Myers Squibb.
These Stocks Are Moving the Most Today: Bristol Myers, Costco, EchoStar, Cassava, Wynn, HP Inc., Acadia Healthcare, and More
Bristol Myers trades higher after the FDA approves an oral medication for schizophrenia in adults, fiscal fourth-quarter ...
Miami firms put Haiti shipping on hold as gangs target main port, disrupt cargo
At least five vessels have been forced to depart Port-au-Prince this month without unloading cargo, resulting in an estimated ...
US Inflation Hits Fed’s 2% Goal Early 2025 in Economists Survey
Economists see US inflation reaching the Federal Reserve’s target early next year while the unemployment rate picks up slightly, closely following the central bank’s own updated projections released ...