Federal Reserve officials are sharply divided over whether to cut interest rates in December, with some citing cooling labor data and others warning inflation remains too high. The split has fueled ...
Federal Reserve’s December rate decision has drastically dropped by 60% after October jobs data missing news. A key Polymarket contract tracking the Federal Reserve’s December rate decision has seen ...
SAN FRANCISCO/DUBLIN (Reuters) -Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a growing number of Federal Reserve ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
WASHINGTON (AP) — Raphael Bostic, president of the Federal Reserve Bank of Atlanta, will retire at the end of his current term in February, opening up a new seat on the Fed’s interest-rate setting ...
Despite widespread fatigue over tipping prompts, Americans still tend to be generous when dining out at restaurants. A recent study of more than 1,000 consumers found that 34% of restaurant-goers ...
As proven by recent sweeping Democratic election victories, most Americans are fed up with Trump’s attempt to force authoritarian rule on the vast majority of us who cherish democracy. Moreover, these ...
The likelihood of a December interest rate cut by the Federal Reserve has decreased from 91% to 70% due to inflation concerns and internal dissent. Fed Chair Jerome Powell and other officials ...
The U.S. Federal Reserve (Fed) pumped $29.4 billion into the banking system on Friday, sparking optimism on crypto social media. While the move aimed at easing liquidity concerns and is supportive of ...
Have Americans reached a tipping point when it comes to tipping? A new consumer survey from Popmenu, a technology company that services the restaurant industry, suggests as much. The key data point: ...
The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ...
After weeks of anticipation, the Federal Reserve trimmed its benchmark interest rate today, dropping the benchmark rate by another 25 basis points, marking its second rate cut of 2025. The move, which ...