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Fed holds rates steady, cites elevated inflation; three dissents against ‘easing bias’
The Federal Reserve held interest rates steady, citing elevated inflation and uncertainty from global energy prices, with three dissents against easing bias.
Fed chief nominee Warsh commits to central bank’s independence, with limits
Kevin Warsh, nominee to lead the Federal Reserve, pledges to maintain monetary policy independence while working with Congress on other Fed functions.
US homebuilders brace for another challenging year as war, tariffs hurt margins
U.S. homebuilders face margin challenges due to tariffs, the Iran war, and rising inflation, impacting sales and construction costs.
Wall Street rallies on renewed hopes for US-Iran talks, earnings boost
Wall Street rallies as hopes for renewed US-Iran talks and strong bank earnings boost investor optimism amid inflation concerns.
US producer prices increase less than expected in March
U.S. producer prices rose 0.5% in March, less than expected, as energy costs surged amid Middle East tensions while service prices remained steady.
Wall St ends mixed, notches weekly gains as investors parse Middle East negotiations
Wall St stocks closed mixed with weekly gains as investors monitor Middle East negotiations and inflation data impacting U.S. markets.
Here’s the schedule for Virginia’s minimum wage increases
Virginia will raise its minimum wage to $15 per hour by 2028, with incremental increases starting in 2027 and adjustments for inflation thereafter.
Wall Street closes mixed, with signs of progress as Trump’s Iran deadline draws near
NEW YORK, April 7 (Reuters) – U.S. stocks ended mixed on Tuesday amid signs of progress in negotiations as the minutes ticked down to President Donald Trump‘s deadline for Iran to open the Strait of Hormuz. In the last hour of trading, all three major U.S. stock indexes recovered from steep losses earlier in the […]
Wall St ends higher as investors parse US-Iran negotiations, threats
Wall St advanced as investors monitored US-Iran ceasefire talks and President Trump's threats amid rising crude prices and inflation concerns.
White House says increased productivity means Fed can cut rates
White House economic adviser Kevin Hassett says AI-driven productivity gains may ease inflation and allow the Federal Reserve to lower interest rates.
JPMorgan’s Dimon warns Iran war may drive inflation and interest rates higher
JPMorgan CEO Jamie Dimon warns the iran war risks oil shocks that could keep inflation sticky and push interest rates higher than expected.
Inflation in focus for markets jostled by Middle East war signals
US inflation data and corporate earnings season are under scrutiny as the Middle East war drives energy prices and market uncertainty.
