Next CPI Inflation Report Could Improve 2025 Fed Rate Cut Expectations
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for Fed interest rate cuts in May or June 2025.
Trump official’s directive tying transportation grants to birth rates could hinder blue states
U.S. Rep. Kweisi Mfume, a Maryland Democrat, said he feared Duffy’s directives would harm some grants already announced — ...
Huge Upward Adjustment To Employment And Labor Force As Wave Of Immigrants Is Finally Included, Unemployment Drops, Wage Growth Accelerates
Average hourly earnings in January jumped by 0.48% (5.9% annualized), the biggest increase since June 2023. Read more here.
Hutchinson water utility rates hold steady
When Hutchinson’s wastewater and water treatment plants were upgraded in 2008, Hutchinson’s utility rates were among the highest in rural Minnesota. But that has slowly started to ...
US dollar rises on mixed jobs report, trade war threat
The US dollar climbed after January's slower job growth report, with the unemployment rate dropping to 4.0%. Comments from President Trump about impending reciprocal tariffs also supported the ...
Wall Street Week Ahead: Inflation data to test market as tariff talk swirls
Investors are closely watching the upcoming consumer price index report, which will provide insights into inflation trends.
US employers added 143,000 jobs in solid but unspectacular January hiring, jobless rate fell to 4%
January hiring was narrow. Healthcare (44,000 new jobs), retail (34,000) and government (32,000) together accounted for 77% ...
States absorb big increases in Medicaid for sicker-than-expected enrollees after COVID-19 pandemic
In Pennsylvania, state budget makers recently unveiled the scale of that miscalculation, with Gov. Shapiro proposing an increase of $2.5 billion in Medicaid spending in the next fiscal year.
S&P 500 hit with weekly loss after renewed tariff jitters in U.S. stock market
The S&P 500 SPX closed down 0.9% on Friday, leaving the U.S. large-cap stock index with a loss this week of 0.2%, according to Dow Jones Market Data. The S&P 500 snapped a three-day winning streak and ...
How does inflation impact bonds?
When inflation rises, interest rates usually follow as the Federal Reserve tightens monetary policy to control the rise in ...
Wall Street slumps as worries worsen about inflation and tariffs
Interest rates are one of the things Wall Street cares most about because lower rates can lead to higher prices for stocks ...