Tag: Inflation

Federal Reserve is set to cut interest rates for the first time in 4 years

WASHINGTON -- Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four...

Kroger and Albertsons prepare to make a final federal court argument for their merger

PORTLAND, Ore. -- The federal government urged a U.S. District Court judge on Tuesday to temporarily block a proposed merger between Kroger and...

US retail sales ticked up last month in sign of ongoing consumer resilience

WASHINGTON -- Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve...

Will the Federal Reserve cut interest rates fast enough to deliver a 'soft landing'?

WASHINGTON -- American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is...

Argentina's President Milei presents 2025 budget, vowing austerity and setting up a showdown

BUENOS AIRES, Argentina -- Libertarian President Javier Milei of Argentina presented the 2025 budget to Congress late Sunday, outlining policy priorities that reflected...

Biden is taking on cheap products from China. It could mean higher prices

WASHINGTON -- The Biden administration is cracking down on cheap products sold out of China, expanding a push to reduce U.S. dependence on...