Federal Reserve Chair Jerome Powell opened the door for the central bank to cut rates as soon as September. WSJ’s Nick Timiraos breaks down key moments from Powell’s Jackson Hole speech. Photo: David ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

The Fed's preferred inflation measure moved no closer to its 2% target in July, emphasizing the policy challenge the Fed faces as it prepares for a possible interest-rate cut in September. The ...

The biggest increase in wholesale prices in three and a half years stunned Wall Street, but is tariff-related inflation really set to soar? The proof is far from ironclad. The latest pair of inflation ...

A top economist warned that President Trump’s crackdown on illegal immigration could heat up inflation to 4% as the labor market tightens — a notion dismissed by the White House. The Trump ...

Hugh Cameron is Newsweek U.S. news reporter based in London, U.K. with a focus on covering American economic and business news. Hugh joined Newsweek in 2024, having worked at Alliance News Ltd where ...

Cryptocurrencies are becoming a core part of the economy in Venezuela as citizens turn to digital assets to shield themselves from a collapsing currency and tighter government controls. From small ...

The Federal Reserve is monitoring new inflation data as it weighs potential interest rate adjustments due to a shaky job market and ongoing economic challenges. We're looking at core inflation, which ...

Whether the Fed yields to political pressure or stands firm, inflation looks inevitable. The only variable is speed and what it means for Bitcoin. US President Donald Trump’s push for aggressive ...

Inflation outpaced wage growth in some of the biggest white-collar industries in the last few years. Bankrate compared wage growth by industry to inflation, indexed to 2021. People looking for a raise ...