Financial markets are still concerned about inflation. The Fed influences short-term interest rates, which are falling, but longer-term bonds like the 10-year Treasury are a better reflection of inflation expectations.
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system. In a statement,
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change
The yield on the 10-year Treasury has recently soared toward its highest level since 2023, injecting nervousness into the U.S. stock market that's knocked indexes from their records.
December's CPI print finally showed some relief in core inflation. But the threat of sticky prices is still a reality for most economists.
The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year. But it warned that the outlook is clouded by President-elect Donald Trump's promises to cut U.
A federal judge blitzed lawyers on both sides with questions Friday during a three-hour hearing in a lawsuit brought by 13 people asking for the return of tithing they donated to The Church of Jesus Christ of Latter-day Saints.
Neither the state nor local government seems to have learned much from the perils of pricing the less privileged out of Los Angeles's safe zone.
The big unknown is how far Trump is prepared to go to win a trade war before it winds up crushing animal spirits.
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.
The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum Reserve, a bid to lock in land protections and conservation requirements days before President-elect Donald Trump takes office.