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.
Voters split on who’d be better for economy, poll says
China’s broad budget expenditure shrank at a faster clip amid an unprecedented drop in income earned by local governments ...
Biden spoke a day after the Federal Reserve cut interest rates a half-point, an important marker that suggested a shift from ...
Spending at US retailers rose 0.1% in August from the prior month, the Commerce Department reported Tuesday. That’s a much ...
FedEx Corp. warned its business would slow in the year ahead and reported a worse-than-expected quarterly profit in an ominous sign about the direction of the US economy.
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 ...
Some economists have linked the drop to officials' warnings of a "painful" Budget at the end of August, although it is ...
21hon MSN
Mortgage rates continued to decline this week, taking a little more pressure off America’s tight housing market as the Federal Reserve ramps up its efforts to keep the economy on an even keel.
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