Social Security benefits will increase by 3.2% in 2024 as inflation moderates
The acting Social Security commissioner says a 3_2% increase in benefits next year “will help millions of people keep up with expenses."
2023-10-12 21:55
Bets on Fed December rate hike rise after inflation data
(Reuters) -Traders see a stronger chance the Federal Reserve will end up delivering another interest-rate hike this year, and keep
2023-10-12 21:23
After troubled start, New York is shaking up its legal marijuana market with new competitors
New York is dramatically expanding a legal marijuana market plagued by a sluggish rollout of retail stores
2023-10-12 13:48
EU Top Diplomat Set For Tense Talks in China After Israel Attack
The European Union’s top diplomat has waited all year for the right moment to visit China. Now, he’s
2023-10-12 10:53
Fed's Collins says economy has yet to feel full impact of Fed rate hike cycle
NEW YORK Federal Reserve Bank of Boston President Susan Collins on Wednesday said central bank rate rises are
2023-10-12 09:17
Albemarle Extends Liontown Due Diligence as Rinehart Buys Stake
Lithium giant Albemarle Corp. was granted a short extension as it aims to wrap up its due diligence
2023-10-12 07:55
Fed QT mix may be capping, not spurring, long yields: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -The recent surge in long-dated U.S. bond yields to their highest since 2007 has
2023-10-12 07:29
Most Fed officials expect one more interest rate hike and that they'll remain elevated for a while, minutes show
Most Federal Reserve officials said last month that they expect one more rate hike, according to minutes from their September policy meeting released Wednesday. Some officials said that how fast inflation cools in the coming months will determine how long rates remain elevated.
2023-10-12 02:29
Uncertainty, growth risks put Fed on cautious footing in September, minutes show
By Howard Schneider WASHINGTON Uncertainty around the path of the U.S. economy, including difficulties estimating the state of
2023-10-12 02:21
Birkenstock stumbles in its stock market debut as Wall Street trades in its wingtips for sandals
Birkenstock shares are tumbling as the stock makes its debut on the New York Stock Exchange as Wall Street trades in its wingtips for sandals for a day
2023-10-12 01:49
Biden administration takes aim at junk fees across the economy
By Diane Bartz, Jeff Mason and Douglas Gillison WASHINGTON (Reuters) -The Biden administration took another shot at unpopular junk fees
2023-10-12 01:18
Fed's Waller: Fed can "watch and see" if further hikes needed
By Howard Schneider U.S. Federal Reserve Governor Christopher Waller on Wednesday said higher market interest rates may help
2023-10-12 00:20