Energy, consumer groups laud new federal efficiency standards for housing

The groups welcomed the new standards, saying they will save residents thousands of dollars, lower default risk and battle climate change. Read More

When Will Fed Cut Rates? as US Economy Flexes Its Muscles, Maybe Later or Not at All

Lower interest rates would reduce borrowing costs for homes, cars and other major purchases and probably fuel ... economy is extending an unexpected run of healthy growth. Despite the Fed's ... Read More

Feds issue safety alert for potentially contaminated ground beef

However, FSIS is concerned that consumers may have purchased ... has been a consumer news reporter for ConsumerAffairs since 2004. He covers real estate, gas prices and the economy and has ... Read More

US Economy News Today: Consumer Confidence Drops for Third Month in a Row

Today, house prices rose, we will get a peek at how confident consumers are amid inflation bouncing back and the Federal Reserve's two-day meeting begins. Read More

Fed Stands Despite Softening Jobs Market, Poor Earnings Guidance, Manufacturing Recession, CRE Foreclosures

The Fed meeting and the jobs report were always destined to be financial market movers. The direction was the only question. Read More

Fed's Williams says 2% inflation target 'critical'

New York Federal Reserve Bank President John Williams on Friday said he believes the U.S. central bank's 2% target for inflation is "critical" to its efforts to achieve price stability. Read More

Fed Chair Powell: No Plans for Interest Rate Cut Amid Strong Economy

Jerome Powell, Chair of the U.S. Federal Reserve (Fed), has scuttled the ... Regulations Favoring Electric Vehicles in Fuel Economy Standards U.S.-China Relations in Focus: Yellen’s Strategic ... Read More

Standards set to eliminate emissions from new federal buildings by 2030

The Biden administration has finalized standards for federal buildings that will eliminate onsite fossil fuel usage for new projects by the end of the decade, the Energy Department confirmed ... Read More

Retail & Consumer

Retail & Consumercategory US fast-food chains may have to amp up promotions as more people eat at home May 2, 2024 Retail & Consumercategory Starbucks shares hit two-year low as China, US demand ... Read More

Fed Rate Cuts Are Now a Matter of If, Not Just When

The consumer ... the Fed’s 2% goal could call into question whether the central bank will be able to cut rates until much later in the year without evidence of a sharper slowdown in the economy. Read More

Consumer News

The share of people older than 50 who say they do not expect to retire has steadily increased, according to the study, which is conducted... 1 hour ago Officials in cities and states — including ... Read More

Political News

The crackdown has been criticized by some, including other Democrats. A rush transcript of "This Week with George Stephanopoulos" airing on Sunday, May 5, 2024 on ABC News is below. This copy may ... Read More