Tag: Inflation

US hiring likely rebounded last month after storms and strikes curtailed October job growth

WASHINGTON -- Hiring in the United States likely rebounded last month from a dismal October, when hurricanes and strikes reduced job growth to...

Powell: Fed's independence from politics is vital to its interest rate decisions

WASHINGTON -- Chair Jerome Powell said Wednesday that the Federal Reserve's ability to set interest rates free of political interference is necessary for...

US senators are set to grill officials from 5 airlines over fees for seats and checked bags

A U.S. Senate panel planned to take aim at airline executives Wednesday for the carriers' growing use of fees for early boarding, better...

Small business owners brace for Trump's proposed tariffs

Small businesses are bracing for stiff tariffs that President-elect Donald Trump has proposed as one of his first actions when he takes office....

A top Fed official leans toward December rate cut but says it depends on economic data

WASHINGTON -- A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut when the Fed meets...

Stock market today: Asian shares gain as China is boosted by strong factory orders

BANGKOK -- Shares started the week higher in Asia, led by gains in China as monthly surveys showed improving conditions for manufacturing. Oil...