Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and gives him comfort that inflation is on path to the 2% target, adding that he still expects the U.
On Wednesday, advocates in Metro Detroit rallied together at Patton Park in Detroit to emphasize the rights of local immigrants.
U.S. stock indexes are drifting on Wednesday, ahead of the Federal Reserve’s upcoming decision on interest rates and after two days of disruption driven by doubts about the artificial-intelligence boom.
Cade Cunningham scored 40 points a day after being selected as an All-Star reserve, helping the Detroit Pistons beat the Dallas Mavericks 117-102 on Thursday night.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.
Apple and other big U.S. companies reporting fatter profits than expected are helping Wall Street shave off more of its sharp losses from the start of the week on Friday.
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our columnist says.
Friday’s report from the Commerce Department showed that consumer prices rose 2.6% in December from a year earlier.
Donald Trump’s offensive against diversity, equity and inclusion programs is putting the US central bank in an uncomfortable squeeze. And so far, the Federal Reserve and its chair, Jerome Powell, appear to be falling in line with the president.
Americans turn to their leaders for solace in times of mourning. Donald Trump has used national tragedies to make political points or demean critics.
The NBA All-Star Game reserves revealed 14 more players, six of whom are first-timers. The game is scheduled Feb. 16 in San Francisco's Chase Center.