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WASHINGTON (AP) — This holiday season isn’t quite so merry for American shoppers as large shares are dipping into savings, scouring for bargai…
AP
Democrat Eileen Higgins’ victory in the Miami mayoral race marks a setback for Republican President Donald Trump. The president endorsed Higgins' rival and has touted his 2024 win in the area as evidence of his appeal in Florida and particularly among Hispanic voters. Higgins, who will be the city’s first female mayor, secured a decisive win over Trump’s pick, Emilio Gonzalez on Tuesday. On Wednesday, Higgins said she will explore legal ways to unwind an agreement that empowers police officers to conduct immigration enforcement. She emphasized affordability issues, contrasting Trump’s dismissive stance on inflation. Higgins also expressed concerns over a proposed Trump presidential library in Miami, calling it a “land giveaway.”
AP
WASHINGTON (AP) — The Federal Reserve will almost certainly reduce its key interest rate Wednesday, but the bigger question for financial mark…
AP
WASHINGTON (AP) — The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell's ability to corral …
AP
WASHINGTON (AP) — President Donald Trump will road-test his claims that he's tackling Americans' affordability woes at a Tuesday rally in Moun…
AP
The Federal Reserve’s preferred measure of inflation slowed a bit in September, likely easing the way to a widely expected interest rate cut by the central bank next week. The data, which was delayed for five weeks by the government shutdown, show that inflation was muted in September and will bolster the case for a cut to the Fed’s key interest rate at its next meeting Dec. 9-10.
AP
Fed's preferred inflation measure cooled slightly, increasing the chances the central bank will cut a key rate next week.
AP
WASHINGTON (AP) — President Donald Trump plans to travel to Pennsylvania on Tuesday to highlight his efforts to reduce inflation even as fears…
AP
WASHINGTON (AP) — From corporate executives to Wall Street analysts to Federal Reserve officials, references to the “K-shaped economy” are rap…
AP
WASHINGTON (AP) — U.S. consumers were much less confident in the economy in November in the aftermath of the government shutdown and amid weak…