Federal Reserve Bank of New York report warns another round of tariffs on China could be painful
A Federal Reserve Bank of New York suggests a new tariff on China could be especially severe if the Trump administration ...
The Fed’s preferred inflation gauge cooled last month, but consumer spending sank
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with a red flag ...
US consumers cut spending in January more drastically than at any point in the last four years
Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, possibly ...
Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov’t report suggests
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
Federal Reserve's Preferred Inflation Gauge Marks First Slowdown In 4 Months (UPDATED)
This story has been updated with additional details. The Federal Reserve's key inflation measure came in in-line with ...
Rates have fallen to 2025 lows — but that's not helping the stock market
Interest rates have fallen to their lowest level of the year as more investors believe Trump's tariff plans will hurt the US economy.
Bitcoin price bounces 5% as analyst sees crypto slump end in March
The January print of the Personal Consumption Expenditures (PCE) index, known to be the Federal Reserve’s “preferred” ...
More Information On The Gloomy American Consumer
Many Americans remain gloomy due to rising income and wealth inequality, despite a solid economy and low unemployment. Read ...
Wall Street drifts toward the close of its worst month since April
NEW YORK (AP) — Wall Street is drifting toward the close of its worst month since April, and U.S. stock indexes are mixed ...
January PCE inflation rose 0.3% for annual rate of 2.5%, meeting Dow Jones expectations
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis ...
Stocks Open Mixed. Tech Stocks Can't Catch a Break.
A slowdown in the Federal Reserve's preferred inflation gauge couldn't halt the latest wave of tech stock selling on Friday. The Dow Jones Industrial Average rose 101 points, or 0.2%, to start the day ...