The Hill
Fed Official Confirms Inflation Still High, Economy Still Economy
Fed official says inflation is still too high, because apparently the economy didn't get the memo that it's supposed to behave.
The Hill
Fed official says inflation is still too high, because apparently the economy didn't get the memo that it's supposed to behave.
The Guardian
The Fed is expected to raise rates for the first time since 2023, because inflation remains stubbornly high and Trump's demand for "the lowest interest rate in the world" is not, it turns out, a monetary policy.
NPR Economy
Inflation rose 3.4% in August, diesel hit a record $6 a gallon, and investors are now 85% sure the Fed will raise rates next week - because nothing says 'getting prices under control' like making everything cost more.
NPR Economy
The U.S. job market rebounds with 162,000 new jobs, but women snag 98% of them, wages lag behind inflation, and the Fed eyes a rate hike as diesel hits a record high.
BBC Business
Trump wants lower rates; the economy says 'here's a jobs boom,' and markets respond by doing exactly what he fears. It's almost like economics has a sense of humor.
NPR Economy
Bond yields are sky-high, and economist Justin Wolfers explains why your mortgage and the government's credit card bill are feeling the squeeze.
NPR Economy
Fed Chair says inflation needs work; economist says no kidding, plus tariffs on Canada are dumb and data centers won't hire your kids.
The Guardian
From beef deregulation to measles conspiracies to renaming lakes, Trump's administration is busy making sure we're all distracted from the actual issues.
The Guardian Europe
Kevin Warsh heads to Jackson Hole to deliver a speech that may or may not clarify Fed policy, while the Treasury plays bond-market tug-of-war and France tries to avoid recession.
The U.S. national debt hits $40 trillion, and even the doves are now singing the hawk's tune - because apparently, ignoring a growing pile of IOUs doesn't make it go away.
NPR Economy
Investors have borrowed a record $1.5 trillion to play the stock market - more than all credit card debt - and the Fed is watching from the sidelines, hoping the party doesn't end.
NPR Economy
Inflation's cooling, wages aren't, and the deficit is ballooning - another week in the wild world of economics.
NPR Economy
July jobs report: employers cut 23,000 jobs, unemployment dipped only because 260,000 people quit the workforce, and workers are feeling the pinch as inflation eats their paychecks.
The Guardian
Fed holds rates steady with a 9-3 vote; three dissidents want hikes while Trump fumes from the sidelines.
The Guardian
Fauci says nothing 100+ times, Senate vows to hold him in contempt anyway; Trump plans gold-laden airport; Comey’s lawyers cry ChatGPT conspiracy.
NPR Economy
Fed president visits Snap-on, learns that making 85,000 specialized tools and avoiding hobbyists is the real 'secret sauce.'
The American job market is finally hiring again, but don't call it a boom - call it a cautious thaw after a year of tariff-induced paralysis and deportation-driven uncertainty.
NPR Economy
New Fed chair Kevin Warsh inherits an economy where inflation is sticky, eggs never recovered, and corporate profits are hoovering up everything - so basically, good luck. Economist Mark Blyth breaks it down with characteristic gloom.
BBC World
GDP is up, stocks are up, and so are fuel prices, inflation, and mortgage rates. Voters will decide if the economy is a win or a washout.
BBC Business
Jerome Powell holds rates steady, promises to haunt the Fed boardroom until a Trump investigation is 'well and truly over,' and warns that legal assaults are battering the institution.
The Good Times
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