Yellen Says Fed Cut ‘Positive Sign,’ Policy Still Restrictive
Treasury Secretary Janet Yellen said that the Federal Reserve’s interest-rate cut Wednesday was “a very positive sign for where the US economy is,” reflecting progress in bringing down inflation and a determination to protect the job market.
Spending at US retailers rose 0.1% in August from the prior month, the Commerce Department reported Tuesday. That’s a much ...
In a warning sign for Trump, voters are split on who would do a better job on the economy in latest AP-NORC poll ...
Jeff Schulze of ClearBridge notes the U.S. market rebounded in August, with jobless claims steady, signaling resilience ...
The Fed is cutting into one of the stronger economies we've seen in years," Yardeni Reseach's Eric Wallerstein told Fortune.
In remarks on Thursday at the Economic Club of Washington, D.C., President Biden will celebrate the progress of the American ...
Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve ...
Nike shares are up nearly 8% after the sneaker maker said it would replace Chief Executive John Donahoe with comp ...
Investors celebrated the Federal Reserve's super-sized interest rate cut and what is likely the start of a long-time coming ...
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