Treasury Secretary Bessent met this week with Warsh, Lindsey and Bullard as Fed chief search continues
The search for the next Federal Reserve chair is continuing, with Bessent taking point in meeting with several candidates.
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The search for the next Federal Reserve chair is continuing, with Bessent taking point in meeting with several candidates.
The consumer price index was expected to increase 0.3% in August, according to the Dow Jones consensus estimate.
The ECB was widely expected to hold its key deposit facility rate steady.
The Original Pantry Café, a historic downtown Los Angeles diner that closed six months ago, will reopen.
The producer price index, a gauge of costs at the wholesale level in the U.S. economy, posted an unexpected 0.1% decline in August.
The producer price index, a gauge of costs at the wholesale level in the U.S. economy, posted an unexpected 0.1% decline in August.
The producer price index was expected to increase 0.3% in August, according to the Dow Jones consensus estimate.
The producer price index was expected to increase 0.3% in August, according to the Dow Jones consensus estimate.
The talks between India and EU come as Trump urges EU to impose 100% tariffs on India and China for buying Russian oil.
The Bureau of Labor Statistics will release the producer price index on Wednesday, followed by the consumer price index the next day.
The Bureau of Labor Statistics will release the producer price index on Wednesday, followed by the consumer price index the next day.
Pressure is on for the Fed to start lowering rates, with markets expecting a cut at each of the three remaining meetings this year.
The total revision was on the high end of Wall Street expectations, which ranged from a low around 600,000 to as many as a million.
The total revision was on the high end of Wall Street expectations, which ranged from a low around 600,000 to as many as a million.

It seems damn obvious that neither Jay Powell, Donald Trump, the 12 geniuses on the FOMC, nor any ot

It seems damn obvious that neither Jay Powell, Donald Trump, the 12 geniuses on the FOMC, nor any ot

Two weeks after we first warned readers to "Brace For Another Huge Negative Payrolls Revision, Green

Two weeks after we first warned readers to "Brace For Another Huge Negative Payrolls Revision, Green

Both the recent spike in inflation and the current decline in US jobs are, in a very significant way

Both the recent spike in inflation and the current decline in US jobs are, in a very significant way