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White House budget director Russell Vought suggested in a Thursday letter that Federal Reserve Chair Jerome Powell is in ...
Fed Governor Christopher Waller and Fed Vice Chair for Supervision Michelle Bowman, both appointed by President Donald Trump ...
As the S&P 500 index (SPX) set new record highs in June and climbed more than 5%, Schwab clients gingerly dipped their toes in the water but stayed cautious. The STAX climbed for the first month after ...
Uncertainty is difficult to quantify, but an Economic Policy Uncertainty Index developed by economists at Stanford and Northwestern has fallen by half since April, when it hit its highest level since ...
President Donald Trump’s tariffs have already driven up some prices, but they have not yet produced the overall inflation ...
The third and final estimate for GDP in the first quarter was just released, and it showed that the U.S. economy contracted ...
The U.S. added 147,000 jobs and the unemployment rate held steady at 4.1 percent in June, according to data released Thursday ...
The economic data this week tells a story of resilient consumers facing mounting headwinds. Inflation pressures remain somewhat contained – perhaps due to emerging cracks in ...
This week told a familiar story with fresh twists—inflation isn't backing down, and global tensions are once again steering ...
Personal consumption expenditures and the PCE Price Index are two different measurements. PCE measures consumer spending on goods and services, while the PCEPI measures the prices of those goods ...
Personal income in the U.S. fell by $109.6 billion (0.4%) in May, driven primarily by declines in government benefits and farm income. Consumer spe ...
The May Personal Consumption Expenditures Price Index increased in line with expectations, up 2.3% from year-ago levels. When volatile food and energy costs are factored out, the Federal Reserve ...
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