Tag: Inflation
US economy grows at 3.1% pace in third quarter, an upgrade from previous estimate
WASHINGTON -- The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an...
Brazil's currency drops to weakest level yet 4 as Lula's fiscal measures debated
SAO PAULO -- SAO PAULO (AP) — Brazil’s real on Wednesday fell to its weakest level against the dollar since the currency was...
The Federal Reserve expects to cut rates more slowly in 2025. Here's what that could mean for you
NEW YORK -- The Federal Reserve's third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages...
Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon
WASHINGTON -- Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past...
Concert promoters, hotels and lodging sites soon will have to disclose extra fees up front
The Federal Trade Commission on Tuesday said it will soon require hotels, vacation rental platforms and live event promoters to disclose any fees...
Federal Reserve is likely to slow its rate cuts with inflation still elevated
WASHINGTON -- Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week's Federal Reserve meeting....