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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US Labor Market Shows Stability Despite Slower Hiring
The labor market has cooled mainly because companies are adding fewer workers rather than cutting large numbers of jobs.
Takaichi Vows To Restore Confidence In Weak Japanese Yen
A joint U.S.-Japan intervention and the Bank of Japan’s September rate increase helped the yen gain 3.3% against the dollar during the third quarter
Oil Markets Tighten As China Moves To Protect Domestic Fuel Supplies
Saudi Arabia has also resumed tanker loading from Yanbu after restarting its East-West Pipeline, easing some concerns over Gulf crude supplies.
Latest
More Than 200 Virginia Pastors Sign Letter Opposing Constitutional Amendments
The letter asks Virginians to reject both Ballot Question 1, which would enshrine the right to an abortion into the state constitution, and Ballot Question 2, which would “remove the ban on same-sex marriage” in Virginia.
Federal Judge Blocks University of California From Punishing Students For ‘Misgendering’
The ruling comes amid a First Amendment challenge to University of California policies that classify certain instances of “misgendering” and “deadnaming” as potential harassment.
Watch: Trump Says Netanyahu Relayed Story Of Israeli Plumber Who Helped Save Plunging FlyDubai Jet
While speaking at a public event, Trump expressed astonishment at the narrative of the chaotic cockpit struggle, though he openly admitted he could not verify whether the dramatic story was entirely true.
Watch: Left Iraq After 23 Years, Shouldn't Have Been Here In First Place, Says Trump
Trump asserted that the United States has pulled every asset out of the country and maintained that the original invasion should never have happened.