Gold price advances as US CPI heats up
Gold price recovered some ground late during Wednesday’s North American session. Federal Reserve (Fed) Chair Jerome Powell ...
Chicago snowstorm: Snowfall piling up, leading to slippery road conditions
The snowfall has reached the Chicago suburbs and some roadways are slippery. The storm is expected to pick back up again ...
US inflation got worse with rising groceries and gasoline prices
WASHINGTON (AP) — U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment ...
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we're not quite there yet'
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
US inflation worsened last month with prices for groceries and gasoline heading higher
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed tariffs could at least temporarily increase costs.
U.S. inflation jump puts Fed officials on notice as Jerome Powell testifies
New data showed consumer prices jumped in January at a 3% annual rate, accelerating for four months straight and driven ...
Watch Fed Chair Powell speak live before House Financial Services Committee
Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on monetary policy.