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
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.
The Guardian Europe
Yen jumps on BoJ hike hints, bonds wobble, and a Fed governor quotes Lennon - markets are a mess, and we're just reporting it.
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
Inflation's cooling, wages aren't, and the deficit is ballooning - another week in the wild world of economics.
NPR Economy
Trump tries again to fire a Fed governor over allegations even his own letter admits might not be a felony - because nothing says 'independent central bank' like a presidential do-over.
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.
NPR Economy
GDP grew at a slower 1.5% in Q2, but Americans kept spending, dipping into savings as inflation outpaces wages.
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.'
NPR Economy
U.S.-Iran tensions flare anew, sending oil prices up and stocks down, because apparently global markets needed another reason to stress-eat.
The Guardian Europe
The FTSE 100 jumps to its highest since March, thanks to peace hopes, weak US jobs data, and a rotation out of chip stocks - because apparently bad news is good news again.
NPR Economy
The U.S. added just 57,000 jobs in June, the unemployment rate dropped only because people gave up looking, and wages can't keep up with inflation - but hey, the stock market had a great day.
The Good Times
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