Why This Economist Thinks the Fed Is Already Late to Cut Rates

And I would ask, Why? Let’s get going! Cut rates, see what ... coming down. My sense is the Fed will have enough evidence by the September meeting, and they’ll start cutting a quarter-point once each ... Read More

Fed Seen Signaling September Rate Cut at Next Week’s Meeting

The Federal Reserve is likely to signal next week its plans to cut interest rates in September, according to economists surveyed by Bloomberg News, a move they say will kick off reductions each ... Read More

The Fed shouldn't cut rates at all this year as the US is poised for a 2nd half rebound, macro strategist says

Rate cuts aren't warranted, as the economic slowdown of recent months is set to reverse course in the latter part of this year, Jim Bianco said. Read More

US Economy News Today: Fed Chair Jerome Powell is Looking More Dovish

China's central bank cut its lending rate in a surprise move and economy watchers attempt to digest what Kamala Harris' candidacy would mean on the fiscal policy front. Read More

US Economy News Today: Last Day of Fed Speak Ahead of Blackout Period

Today is the last day for Federal Reserve officials to publicly speak their minds ahead of the July meeting. Friday is the last day for Federal Reserve officials to comment publicly before the Federal ... Read More

The Federal Reserve is the central bank of the US — here's why it's so powerful and how it affects your financial life

Here's what you need ... In fact, the Federal Reserve doesn't even receive any money or appropriation from Congress. It's financed mainly by the interest on the US Treasury securities it owns ... Read More

New York Times - Top Stories

Two Top Leaders of Sinaloa Drug Cartel Are Arrested by U.S. Authorities The two men, Ismael Zambada García (pictured) and Joaquín Guzmán López, helped run the cartel, one of the most dominant ... Read More

US inflation cools again, potentially paving way for Fed to cut interest rates soon

“Rent has gone up, food has gone up, the pay doesn’t go up,” she said ... with the first one coming in September. In testimony Tuesday to Congress, Fed Chair Jerome Powell noted that ... Read More

Fed Chair Jerome Powell: US Inflation Is Cooling Again, Though It Isn't Yet Time to Cut Rates

Fed Chair Jerome Powell: US Inflation Is Cooling Again ... inflationary pressures through rapid wage gains. “It doesn’t look like it’s heating up or presenting a big problem for inflation ... Read More

US jobs report shows a steady slowdown in the labor market

The Bureau of Labor Statistics reported the US economy added 206,000 jobs in June. Follow the latest news here. Read More

Sick of swiping? Here's why single people are breaking up with dating apps.

Our adrenaline goes up and then it's like withdrawal when the person doesn't materialize ... see the decline in paid users "moderating." Kelsie Hoffman is a push and platform editor on CBS News ... Read More