In Moving Gradually, Fed Risks Having to Play Catch-Up to Quell Inflation
Federal Reserve officials are expected to restart rate increases in December, but the cadence of additional moves will depend on the data.
U.S. GDP Increased 3.4% in Third Quarter
The economy grew 3.4 percent in the third quarter, the fastest pace in a year. Strong spending and growth contrast with the poor marks many voters are giving the economy.
Inflation Accelerated in October, PCE Index Shows
The Personal Consumption Expenditures index picked up in September, according to data released a day after the Federal Reserve’s decision to hold interest rates steady.
Fed Holds Rates Steady Despite Lack of Progress on Inflation
Kevin M. Warsh, the chairman of the Federal Reserve, said an “information-rich” period before the central bank’s gathering in December will help officials determine next steps for policy.
Fed Will Hold Fewer Rate-Setting Meetings Starting Next Year
Kevin M. Warsh, the Federal Reserve’s chairman, said the central bank would vote on interest rates seven times in 2027 and six in 2028. It has traditionally voted eight times per year.
Trump’s Push to Fire Fed Governor Lisa Cook Looms Over Warsh
Lisa D. Cook, a Fed governor, is set to face an unorthodox, private hearing over allegations of mortgage fraud she has consistently denied.
How the Fed’s Interest Rate Decision Affects Credit Cards, Loans and More
The Federal Reserve left its benchmark rate untouched, but a December hike could make holiday borrowing more costly.
What’s Riding on Anthropic Going Public? Nearly Everything.
Anthropic sits atop a pyramid of business partners and suppliers, making it a barometer of the broader economy. Its initial public offering will have widespread implications.
California’s Potential Quartz Ban Pushes Contractors and Retailers to Alternatives
Manufacturers and their customers are using materials made without the clouds of dust that have sickened workers in quartz-cutting shops.
U.S. Government Takes a Cut of Chip Business in Japan-Funded Deal
President Trump’s novel deal-making is on display in upstate New York, where the administration is funneling Japanese funds into a government-owned chip factory.