Fed grows more hawkish on inflation but there is room to wait on rate hikes

Minutes of the September meeting, along with comments made by Fed officials, have shown that while they don’t see inflation ...
briefs

Porsche rolls out Mission S concept as it aims higher and sells fewer

Porsche reveals Mission S concept above the 911 as it pivots to pricier models, lower volumes, and a 15% margin target after ...
briefs

New York Fed's Williams Sees One More Hike This Year, None in 2027

John Williams says one more Fed rate hike may be appropriate this year and he doesn't expect further hikes in 2027, despite ...
Retail Dive

Tariffs pushed up consumer goods prices by 2.9 percentage points: NY Fed

Persistent price pressures, fueled by the highest U.S. tariffs since the 1930s and a war-induced surge in fuel prices, have dimmed consumer perceptions of affordability and stirred up expectations ...
CNBC

The Fed raised rates. Maximize your savings with these CDs, savings accounts and more

As expected, the Federal Reserve raised the federal funds rate at its Sept. 16 meeting, moving the benchmark 25 basis points to a range of 3.75% to 4.00%. It's the first hike since July 2023, when the ...

Democrats face clash over Maxine Waters

House Democrats are poised to face a polarizing choice on the other side of the midterm elections: Shove aside one of the ...