Politics
Here’s What to Know About Trump’s Tariffs
President Trump on Saturday signed executive orders imposing sweeping tariffs on the country’s three largest trading partners, a move that…
Tag
Inflation (Economics)
Business
Inflation Ticked Up in December, Fed’s Preferred Measure Shows
The Federal Reserve wants to see more evidence that inflation is easing before resuming interest rate cuts. The latest data presented a…
Business
You Can No Longer Buy Paper Inflation Bonds With Your Tax Refund
You can still get your tax refund sent to your checking account, say, and then use the money to buy digital I bonds via TreasuryDirect.…
Business
High Inflation and New Tariffs Will Make the Fed’s Job Tougher
High inflation is stoking fresh debate about how the Federal Reserve should respond to President Trump’s sweeping plans to reorder the…
Business
European Central Bank Cuts Interest Rates as Economic Growth Stagnates
The European Central Bank cut interest rates on Thursday, for the fifth consecutive time, amid slowing growth in the region’s economy.…
Business
U.S. Economy Grew 2.3 Percent in Fourth Quarter
Growth slowed but remained resilient at the end of 2024, leaving the U.S. economy on solid footing heading into a new year — and a new…
Business
How Fed Rates Influence Mortgages, Credit Cards, Savings and More
The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered rates by a full percentage…
Business
What to Watch at the Federal Reserve’s First Meeting of 2025
The Federal Reserve is set to stand pat at its first gathering of 2025, pressing pause on interest rate cuts as policymakers take stock of…
Business
The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
At the Federal Reserve’s final gathering of 2024, Chair Jerome H. Powell announced that the U.S. central bank was embarking on a “new…
Business
Trump’s Inflation Fix Centers on Energy Emergency That Doesn’t Exist
President Trump has put unleashing American energy production at the center of his economic agenda, saying that ramping up fossil fuel…
Politics
Taking Trump’s Tariffs Threats Seriously and Literally
Is Trump bluffing? President Trump’s tariff threats have perplexed and rankled foreign leaders and C.E.O.s for some time now as they fear…
Business
I.M.F. Raises U.S. Economic Forecast as Other Regions Lag
The U.S. economy is on track to grow faster this year than previously expected, the International Monetary Fund said on Friday, citing…
Business
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday,…
Business
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against inflation may have stalled. The…
Business
Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns
Stocks and bonds tumbled on Friday, as investors’ worries over the scale of government borrowing were amplified by signs of stubborn…
Business
U.S. Employers Add 256,000 Jobs in December
Employers stuck the landing in 2024, finishing the year with a bounce of hiring after a summer slowdown and an autumn marred by…
Politics
U.S. Imposes New Sanctions to Squeeze Russia’s Energy Sector
The United States on Friday announced new sanctions targeting Russia’s energy sector and its “shadow fleet” of oil tankers in what could…
Business
The Fed Is in No Rush to Cut Rates
When the Federal Reserve began lowering interest rates in September, inflation was cooling and the job market was showing some troubling…
Business
Rate-Cut Decision Was Narrow, Fed Minutes Show
Federal Reserve officials cut interest rates as expected last month. But minutes from their December meeting suggest that the decision was…