Alicia Summers – Page 24 – One America News Network

TAIPEI, TAIWAN: An investor looks at a monitor showing the stocks' curves in Taipei, 29 January 2004. Taiwan share prices closed 1.15 percent lower in line with the Wall Street's overnight weakness after a subtle change in wording in the US Federal policy statement opened door for speculation of US interest rate hikes sooner than expected, dealers said. The weighted index closed down 73.60 points at 6,312.65, after trading between 6,379.05 and 6,303.21, on turnover of 151.84 billion Taiwan dollars (4.55 billion US dollars). AFP PHOTO/Sam YEH (Photo credit should read SAM YEH/AFP via Getty Images)

Fed Holds Interest Rates Steady Amid Inflation Concerns

The Federal Reserve decided to hold interest rates steady today, continuing its ongoing effort to bring inflation down.

NEW YORK, NEW YORK - NOVEMBER 04: The headquarters of BlackRock stands in Manhattan as hundreds of members of the United Mine Workers of America (UMWA) march to the Manhattan financial company, the largest shareholder in the mining company Warrior Met Coal on November 04, 2021 in New York City. The miners and their supporters held a rally outside of BlackRock in support of over 1,100 UMWA members have been on strike for seven months at Warrior Met Coal over demands for better pay and benefits. (Photo by Spencer Platt/Getty Images)

Texas Takes Stand Against BlackRock

In a bold move, the state of Texas has opted to sever ties with financial behemoth BlackRock, alleging the company’s actions are detrimental to the state’s vital oil and gas industry.

CHICAGO, ILLINOIS - MARCH 12: Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois. Gas prices climbed 3.8% percent in February after falling 3.3% the previous month. The Consumer Prices Index showed prices overall rose .04% for the same month which was more than analysts had expected and the largest increase since September. (Photo by Scott Olson/Getty Images)

Wholesale Inflation Soars in February: Wealth Advisor Weighs In

Inflation on the wholesale side rose twice as much as expected to 0.6% in February. The Labor Department’s report also shows PPI over the last 12 months ending in February hit 1.6%.

Inflation Increases to 3.2% in February

The latest Consumer Price Index report for February is in, showing an unexpected increase in annual inflation to 3.2 percent, exceeding analysts’ predictions of 3.15 and marking a notable increase from January’s figures.