‘Spectacular’ AI growth is creating a serious labor market problem for Fed, Jefferies’ David Zervos warns
Long-time market bull David Zervos is worried the Federal Reserve is overlooking how the artificial intelligence boom will impact the ...
Tag: Inflation
Fed approves quarter-point interest rate cut and sees two more coming this year
WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on ...
‘We shouldn’t ignore this:’ Longtime investor Rebecca Patterson warns Trump could damage Fed independence
President Trump's efforts to fire Federal Reserve Governor Lisa Cook could jeopardize the central bank's independence, according to longtime investor ...
Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most
It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a ...
Cleveland Fed’s Hammack casts doubt on interest rate cuts amid inflation worries
Cleveland Federal Reserve President Beth Hammack said Friday she would be hesitant about lowering interest rates as long as inflation ...
Watch live: Fed Chair Powell delivers important policy speech at Jackson Hole
Federal Reserve Chair Jerome Powell delivers his annual address Friday morning at the central bank's annual symposium in Jackson Hole, ...
Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’
Walmart's former U.S. CEO Bill Simon thinks Thursday's stock drop is bizarre.The big-box retailer lifted its full-year sales and earnings ...
Divided Fed worried about tariffs, inflation and the labor market, minutes show
Federal Reserve officials worried at their July meeting about the state of the labor market and inflation, though most agreed ...
Fed’s Goolsbee sees ‘note of unease’ as central bank looks to next interest rate move
Chicago Federal Reserve President Austan Goolsbee said Friday a mixed bag of inflation data this week coupled with lingering uncertainty ...
Here’s the inflation breakdown for July 2025 — in one chart
Spencer Platt | Getty ImagesInflation held steady in July as price declines for staples like groceries and gasoline helped offset ...
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