Tag: breaking news
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Waller says Fed shouldn’t ‘fight the last war’ on inflation but warns hikes still possible
The Fed governor said inflation has expanded beyond the often-cited drivers such as the energy price spike in tariffs.
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Kevin Warsh names members of his Federal Reserve task forces, including Marc Andreessen, Doug McMillon
Federal Reserve Chairman Kevin Warsh on Thursday released names of the experts who will comprise five task forces to examine the institution’s operations.
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Fed officials were split on direction of interest rates at last meeting, minutes show
The Federal Reserve on Wednesday released minutes from its June 16-17 meeting.
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Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era
A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.
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Tesla deliveries jump 25% over last year, blowing past expectations
Tesla is trying to recover from consecutive annual declines in vehicle sales that were partly caused by a consumer backlash against CEO Elon Musk.
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U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2%
Nonfarm payrolls were expected to rise by 115,000 in June while the unemployment rate held steady at 4.3%.
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World Cup could boost the June jobs report by 40,000, Goldman estimates
Nonfarm payrolls are projected to post a gain of 115,000, according to the Dow Jones consensus.
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Private payrolls rose by 98,000 in June, less than expected, ADP reports
Companies added slightly fewer workers than forecast, with hiring targeted heavily toward healthcare-related sectors.
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Cleveland Fed President Hammack sees AI fueling inflation, says rate hikes may be necessary
“We’ve got inflation that’s too high, and it’s been too high for the past five years,” Beth Hammack told CNBC’s Sara Eisen.
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Indonesia jails former education minister for 10 years in Google Chromebook graft case
Makarim was found guilty in a case over the procurement of Google Chromebooks for schools
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