Economic News
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Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next move
Federal Reserve Chair Kevin Warsh pledged to make high inflation “a thing of the past” in his first congressional testimony Tuesday, yet provided no signal about the central bank’s next steps
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Inflation fell last month on lower gas prices, while underlying inflation also cooled
Inflation fell last month on lower gas prices, while underlying inflation also cooled
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You just retired (or are about to). Now what?
If there’s one group likely to be experiencing the most consternation over inflation and economic uncertainty, it’s those who have just retired or are about to
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China's June exports surge 27% from a year earlier as AI boom drives strong demand
China has reported its export picked up pace in June, jumping 27% from a year earlier thanks to strong demand from the boom in artificial intelligence
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China’s customs agency says its exports jumped in June on strong AI-related shipments, surging 27% from a year earlier
China’s customs agency says its exports jumped in June on strong AI-related shipments, surging 27% from a year earlier
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Hundreds of economists say 'we must act now' on AI’s economic impact and job displacement risks
Hundreds of economists urge immediate action to address AI's potential impact on the economy
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Oil prices jump following the latest fighting in the Middle East, while AI stocks sink
Oil prices jumped following a weekend of attacks in the Middle East, while slumping AI stocks weighed on stock markets
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Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricity
American consumers — and the Federal Reserve — are being hit with another high-cost headache
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Volkswagen CEO looks to avoid plant closures as automaker moves to cut costs
Volkswagen’s CEO has indicated that he’s trying to avoid closing plants as he seeks to turn around the automaker’s performance
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America In Focus: Fed officials divided on US inflation views; US home prices hit all-time high
The Federal Reserve’s rate-setting committee is split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes released Wednesday
