Newsmax host tells Jim Jordan: Biden impeachment ‘not going anywhere’

“Unless you get Democratic votes, this is going to be real tough. So, it kind of seems like you’re chasing your tail at this point because this is not going to go anywhere.” Jordan said it ... Read More

Inflation is sticking around. Here's what that means for interest rate cuts — and your money.

The war against inflation was never going to be easy, but the latest consumer price index data ... or even into 2025. Fed Chairman Jerome Powell has underscored that policy makers are closely ... Read More

Good News: Ford’s V8 Mustang Isn’t Going Anywhere Just Yet

Demand for the V8-engined Mustangs continues to impress, even outside of the U.S., despite consumer push towards ... Speaking to CNBC, he continued: “For people who are looking for a true ... Read More

Stock rally, rate-cut forecasts face test from Powell testimony and jobs report

The first is Federal Reserve Chairman Jerome Powell’s semiannual testimony to Congress on Wednesday and ... the U.S. trade balance, and consumer-credit figures. Cleveland Fed President Loretta ... Read More

Fed members' updated interest rate outlooks rock markets

Federal Reserve Chairman Jerome Powell wants to cut interest rates this year. He's been saying it regularly all year. But remarks from Fed officials Thursday suggested the when of rate cuts may ... Read More

Support From 'Indispensable' US Vital for Ukraine's Survival, Japan PM Tells Congress

Support From 'Indispensable' US Vital for Ukraine's Survival, Japan PM Tells Congress By Patricia Zengerle ... military upgrades to support its ally. He spoke amid deep divisions in U.S. politics ... Read More

I:DJI

Inflation is not cooling as fast as the Federal Reserve had hoped, leaving policymakers in limbo in forecasting a potential rate cut. The consumer ... Chairman Jerome Powell is set to tell ... Read More

IMF Tells Asian Central Banks Not to Follow Fed Too Closely

"Expectations about Fed easing have fluctuated in recent months, driven by factors that are unrelated to Asian price stability needs," he said. "We recommend Asian central banks to focus on ... Read More

This Week: Consumer prices, Fed meeting minutes and earnings reports from several big banks

Consumer price index, annual percent change, not seasonally adjusted: Oct. 3.2 Nov. 3.1 Dec. 3.4 Jan. 3.1 Feb. 3.2 March (est.) 3.4 The Federal Reserve delivers the minutes from its most recent ... Read More