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Tag: Federal Reserve

People shop for groceries in Monterey Park, California, on February 12, 2025. Major US indices began the day firmly in the red after January US consumer price index data showed inflation grew, raising questions about whether the Federal Reserve's progress on bringing down prices was reversing. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

U.S. Inflation Cools To 2.8% In February, Beating Expectations

U.S. inflation cooled more than expected in February, with price growth remaining well above the Federal Reserve’s goal ahead of the central bank’s policy meeting next week. 

Read More U.S. Inflation Cools To 2.8% In February, Beating Expectations
A “Help Wanted” sign hangs in restaurant window in Medford, Massachusetts, U.S., January 25, 2023. REUTERS/Brian Snyder/File Photo

US job openings increase in January; layoffs decline

Job openings, a measure of labor demand, rose 232,000 to 7.740 million on the last day of January, the Labor Department’s Bureau of Labor Statistics said in its Job Openings and Labor Turnover Survey.

Read More US job openings increase in January; layoffs decline
The Nasdaq Market site is seen in New York City, U.S., March 26, 2024. REUTERS/Brendan McDermid/File Photo

Nasdaq falls over 3% to six-month low on growth concerns

The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.

Read More Nasdaq falls over 3% to six-month low on growth concerns
A shopping cart at a supermarket in Manhattan. REUTERS/Andrew Kelly

US consumer spending declines; annual inflation subsides

Consumer spending unexpectedly fell in January while the annual increase in inflation slowed, supporting financial market expectations that the Federal Reserve would resume cutting interest rates in June.

Read More US consumer spending declines; annual inflation subsides
A shopper reaches for a carton of eggs from a grocery chain store asking customers to limit their purchases on February 10, 2025 in South Pasadena, California. A resurgence of avian flu, which first struck the United States in 2022, is hitting chicken farms hard, sending egg prices soaring and rattling consumers accustomed to buying this dietary staple for only a few dollars. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

U.S. Inflation Surges To 3% In January, Slashing Hopes Of Interest Rate Cuts

U.S. consumer prices came in higher than expected in January as inflation showed few signs of slowing down. 

Read More U.S. Inflation Surges To 3% In January, Slashing Hopes Of Interest Rate Cuts
DES PLAINES, IL - JULY 06: Pennies lay in a pile July 6, 2006 in Des Plaines, Illinois. According to the U.S. Mint says a penny costs more to make than it's worth, 1.2 cents, prompting some to call for its demise. (Photo Illustration by Tim Boyle/Getty Images)

Trump Halts Treasury Penny Production To Cut Waste, As The Process Costs More Than What The Coins Are Worth

President Donald Trump announced on Sunday that the U.S. The Treasury will stop producing pennies as the production costs more to make than it’s worth.

Read More Trump Halts Treasury Penny Production To Cut Waste, As The Process Costs More Than What The Coins Are Worth

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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