Consumer prices rose 3.8% annually in April, the highest since May 2023
Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, as
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Jerome Powell
Markets raise chances for a Fed rate hike following hot inflation report
A customer shops for produce in an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell |
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The Federal Reserve is quickly running out of reasons to cut interest rates
If the Federal Reserve still has any reasons to cut interest rates in the near future, they’re getting harder and
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Jerome Powell making a ‘significant mistake’ by staying on at the Fed, Sen. Tim Scott says
Committee Chairman Sen. Tim Scott (R-SC) delivers an opening statement during the Senate Committee on Banking, Housing, and Urban Affairs
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Surging gas prices are hitting lower-income households harder, New York Fed study shows
A gas station sign displays prices in Washington, D.C., U.S., May 1, 2026. Annabelle Gordon | Reuters Lower-income consumers are
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Pirro keeps pressure on Fed’s Powell despite dropping probe
Jeanine Pirro, U.S. attorney for the District of Columbia, speaks during a news conference at the Department of Justice in
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JPMorgan’s Jamie Dimon issued vague credit recession warning, but the bond market has more
Risk in the credit markets has received a lot of attention in 2026, from fears about private credit stress to
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Inside the Fed: Powell vows he won’t be a ‘shadow chair,’ but a Warsh clash will be tough to
Federal Reserve Chairman Jerome Powell, and Federal Reserve Nominee, Kevin Warsh. Reuters When the Federal Open Market Committee gathers again
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IBM CEO Krishna says Iran, other uncertainty is weighing on company’s outlook
IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025. Andy Wenstrand | Sxsw
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Here’s what to expect from Fed chair nominee Kevin Warsh’s Senate hearing Tuesday
Kevin Warsh, former member of the Federal Reserve Board of Governors. Courtesy: Hoover Institution Federal Reserve chair nominee Kevin Warsh
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