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Inflation stays elevated; prices rose less than feared in September
U.S. inflation remained elevated last month as gas prices jumped while the cost of rents and some services cooled, painting a mixed picture.
Economists: Fed to trim rates twice more this year; 2026 unclear
The Federal Reserve will lower its key interest rate by 25 basis points next week and again in December, according to a poll of economists.
Hiring slowdown suggests economy still needs rate cuts, Fed’s Powell says
A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said.
Most Fed officials supported further rate cuts as jobs worries rose
Most members of the Fed's interest-rate setting committee supported further reductions to its key interest rate this year, minutes show.
Trump official bypassed ethics rules in criminal referrals of foes, sources say
Bill Pulte skipped his agency’s inspector general in referring alleged mortgage fraud by Trump critics, according to seven sources.
Trump’s powers in spotlight as new Supreme Court term looms
The Supreme Court opens its new term with major cases on Trump’s tariffs, federal official firings, election finance and culture war issues.
With government dark, alternate sources show sluggish September for jobs
U.S. employers announced fewer layoffs in September but hiring plans so far this year were the lowest since 2009, a report found.
Supreme Court lets Lisa Cook remain as a Fed governor for now
The Supreme Court allowed Lisa Cook to remain as a Federal Reserve governor for now and will hear arguments in January.
Private payrolls post largest drop in 2-1/2 years
U.S. private payrolls dropped by the most in 2-1/2 years in September, the ADP National Employment report showed.
US job openings barely budged in August at 7.2 million
U.S. jobs openings were essentially unchanged million in August amid economic uncertainty from trade policies.
Economy expanded at surprising 3.8% pace in significant upgrade of Q2 growth
An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported.
Powell signals Federal Reserve to move slowly on interest rate cuts
Federal Reserve Chair Jerome Powell signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials.
