Commenting on the latest CPI data, Philadelphia Fed President Patrick Harker said Thursday morning that he expected the "eye-popping" inflation readings of 2022 were behind us and that it made sense to slow down the pace of rate hikes.
Bidenflation Remains Stubborn At 12.8%, Hurting Americans
Americans' struggle with high prices continues into the new year.
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Iranian Oil Trade Gets Temporary U.S. Approval Through August
Treasury Secretary Scott Bessent said the move is part of a broader diplomatic framework aimed at advancing a long-term agreement between the two countries.
America At 250: The Roots Of America’s Greatness
We enjoy freedoms most people could only dream about. We have the strongest military in the history of the world. We have the most dynamic economy. We put men on the moon.
Why Did Strait Of Hormuz Shipping Slow Over The Weekend
Only 12 vessels passed through the strait on Sunday, down from more than 21 the previous day
Canada Imposes Temporary Tariff On Canned Vegetable Imports
The measure, announced by the Canadian government on Friday, will remain in effect for up to 200 days while authorities investigate whether rising imports have caused harm to Canadian producers.
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Federal Judge Blocks DOJ Subpoenas Targeting Minnesota Officials
U.S. District Judge Patrick Schiltz ruled that six subpoenas served on Minnesota officials should be quashed, concluding that the government had failed to establish a sufficient investigative basis for the requests.
Why Are Lawmakers Targeting Online Safety For Kids
Committee Chairman Brett Guthrie and ranking Democrat Frank Pallone announced the agreement on Monday, describing it as a collaborative effort to improve the digital environment for young users while increasing accountability for major technology companies.
EV Maker Lucid Announces 1,500 Job Cuts
The restructuring includes the elimination of the chief operating officer position and operational changes at Lucid's manufacturing facility in Casa Grande, Arizona.
China Imposes New Export Controls On U.S. Companies
Chinese officials said the actions were necessary to protect national security and respond to recent U.S. policies affecting Chinese technology and defense-linked enterprises.