Inflation refuses to quit — despite what Joe Biden claims
Biden loyalist and senior Democratic Rep. Jim Clyburn was on air Wednesday insisting that talk of rising inflation is “disinformation” when an anchor broke in to say the Labor Department…
The Fed will cut rates before the ECB, former BoE DeAnne Julius said
The Federal Reserve Building stands in Washington. Joshua Roberts | Reuters The U.S. Federal Reserve is likely to cut interest rates before the European Central Bank does, a former member…
Trump slams Biden for inflation after hotter-than-expected CPI report
Joe Biden and Donald Trump 2024. Kevin Lamarque | Jay Paul | Reuters Donald Trump on Wednesday pounced on President Joe Biden after March’s consumer price index came in higher…
US inflation data, stocks, earnings
Stocks on the move: Tesco gains 5%, Ocado dips 2.5% Shares of Tesco rose 5% in afternoon deals as investors digested strong full-year earnings from the U.K. supermarket chain. Meantime,…
Wells Fargo’s Chris Harvey is reluctantly Street’s new biggest bull
Wall Street’s new biggest bull is growling a bit like a bear. Wells Fargo Securities’ Chris Harvey hiked his S & P 500 year-end price target by about 20% this…
Japan CGPI, RBNZ rate decision
People commuting to work in the morning cross a pedestrian crossing in Tokyo on February 15, 2024. Kazuhiro Nogi | AFP | Getty Images Asia-Pacific markets are set for a…
U.S. economy world’s best; Trump claims ‘cesspool.’ Data is clear
U.S. President Joe Biden delivers remarks on the U.S. economy and his administration’s effort to revive American manufacturing, during his visit to Flex LTD, a factory that makes solar energy…
Fed Governor Bowman says additional rate hike could be needed if inflation stays high
US Federal Reserve Governor Michelle Bowman attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019. Eric Baradat | AFP | Getty Images…
Demand for french fries reflects resilient consumer as so-called fry attachment rate holds steady
A McDonald’s crew member prepares french fries in Miami, Florida. Getty Images It’s a timeless question at fast-food counters: Do you want fries with that? Responders continue answering affirmatively at…
Job gains expected again in March. What to look for in Friday’s report
A person works on a Bowlus recreational vehicle at Bowlus’ factory in Oxnard, California, Feb. 23, 2024. Timothy Aeppel | Reuters The March nonfarm payrolls count likely will indicate hiring…