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U.S. Economic Activity Steady While Inflation Remains Sticky, Says Fed

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Fed’s Beige Book: U.S. Economy Stalls as Inflation and Tariffs Add Pressure The U.S. economy showed little overall change, according to the Federal Reserve’s latest...

Bessent to Present Federal Reserve Candidates to Trump in December

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Bessent Plans to Present Fed Chair Candidates to Trump After Thanksgiving U.S. Treasury Secretary Scott Bessent announced on Wednesday that he plans to present three...

JPMorgan Gains From Deals, But Dimon Sees Storm Clouds Ahead

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JPMorgan Chase Earnings Beat Expectations as Dealmaking Rebounds, But Dimon Warns on Uncertainty JPMorgan Chase posted strong third-quarter earnings that exceeded Wall Street expectations, supported...

Fed’s Bowman Signals Two More Rate Cuts This Year

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💵 Fed’s Michelle Bowman Expects Two More Interest Rate Cuts in 2025 Federal Reserve Governor Michelle Bowman said on Tuesday that she continues to expect...

Barclays Says Lower Rates Could Ease U.S. Recession Fears

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Barclays: Fed Rate Cuts Could Reduce U.S. Recession Risk Barclays said on Friday that the Federal Reserve’s new rate-cutting cycle should help the U.S. economy...

Trump’s EV Crackdown Shakes the U.S. Battery Belt

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Trump’s EV Crackdown Sends Shockwaves Through America’s Battery Belt Stanton, Tennessee — population 450 — once buzzed with excitement after Ford Motor Company broke ground...

Delta Air Lines Shares Rally After Q3 Earnings Beat Expectations

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Delta Air Lines Shares Rally After Strong Q3 Earnings Beat Expectations Delta Air Lines (NYSE: DAL) shares surged more than 7% at the market open...

U.S. 30-Year Mortgage Rate Falls to 6.30%, According to Freddie Mac

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U.S. Mortgage Rates Ease as 30-Year Average Falls to 6.30%, Says Freddie Mac Freddie Mac (OTCQB: FMCC) announced on Thursday that the 30-year fixed-rate mortgage...

Oil Prices Rise as Ukraine Drone Strikes Disrupt Russian Supply

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Oil prices rose on Friday after Ukraine launched drone attacks on Russia’s energy infrastructure, disrupting fuel exports and tightening global supply. Brent crude futures climbed...

Core PCE Index Rises 2.9% in August, U.S. Data Shows

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U.S. underlying inflation held steady in August, matching July’s pace and economists’ forecasts. The data highlights the persistence of price pressures that Federal Reserve...
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