U.S. World Business Lifestyle
Today: July 24, 2026
Today: July 24, 2026

Federal Reserve

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Wall St set for higher open after tech rout; Mideast, tariffs in focus

Wall Street's main indexes were set to open higher on Friday after a tech-led selloff in the previous session, as investors digested fresh earnings,

Wall St set for higher open after tech rout; Mideast, tariffs in focus
Business|Economy|Finance|Stock Markets|US|World

Oil batters bonds as AI burns cash

A look at the day ahead in European and global markets from Stella Qiu We are back to war watching, as if the June ceasefire never happened.

Oil batters bonds as AI burns cash
Economy|Finance|Political|Stock Markets|World

Fed Chairman Warsh faces cruel summer as bond yields spike

Federal Reserve Chairman Kevin Warsh wanted a central bank that talked less and let the data speak. Now, markets are speaking for him - loudly.

Fed Chairman Warsh faces cruel summer as bond yields spike
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Trading Day: Burn, baby, burn

European and U.S. stocks slumped while bond yields shot higher on Thursday, with global markets rocked by oil's surge above $100 a barrel and

Trading Day: Burn, baby, burn
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US weekly jobless claims plunge to lowest since 1969

The number of Americans seeking unemployment benefits for the first time unexpectedly fell last week to the lowest since the 1960s, indicating the U.S. job market

US weekly jobless claims plunge to lowest since 1969
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Warsh's no-guidance approach confronts a hawkish world and hawkish Fed colleagues

Federal Reserve Chairman Kevin Warsh may hope to stay mum about the Fed's rate plans, but fresh oil and potential tariff shocks and a hawkish tilt

Warsh's no-guidance approach confronts a hawkish world and hawkish Fed colleagues
Business|Economy|Finance|Stock Markets|US

US 30-year mortgage hits 11-month high, MBA says

The interest rate on the most popular type of U.S. home loan crept up again last week to the highest since last August with little prospect for an immediate break for would-be

US 30-year mortgage hits 11-month high, MBA says
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Fed to hold rates this year despite high inflation, but economists cite high chances of a hike: Reuters poll

The Federal Reserve will keep its key interest rate steady for the rest of 2026 to tackle a five-year-long inflation problem, according to the median

Fed to hold rates this year despite high inflation, but economists cite high chances of a hike: Reuters poll
Business|Economy|Finance|Stock Markets|US

Fed rate-hike voices swell before July decision, rates still seen on hold

Cleveland Fed President Beth Hammack on Friday added her voice to a growing chorus of policymakers arguing interest rates may need to rise to beat back persistent

Fed rate-hike voices swell before July decision, rates still seen on hold
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Dollar holds steady on safe-haven demand, ends down on the week

The dollar was flat on Friday, but ended the week lower as tame U.S. inflation data led traders to cut bets on imminent rate hikes from the Federal

Dollar holds steady on safe-haven demand, ends down on the week
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Fed may need to hike rates if inflation does not ease soon, Jefferson says

Federal Reserve Vice Chair Philip Jefferson on Thursday suggested he would be open to raising interest rates if there is no near-term

Fed may need to hike rates if inflation does not ease soon, Jefferson says
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Dollar firms as US-Iran tensions renew oil price risk

The dollar clung to gains against major peers on

Dollar firms as US-Iran tensions renew oil price risk
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Fed's Schmid: Inflation is "concerning" and the focus of setting policy right now

Inflation is proving persistent across a broad range of goods and services, and remains the focus of monetary policy given a stable labor market,

Fed's Schmid: Inflation is "concerning" and the focus of setting policy right now
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Ex-Federal Reserve adviser sentenced to prison for lying about China ties

A former senior adviser to the U.S.

Ex-Federal Reserve adviser sentenced to prison for lying about China ties
Business|Economy|Finance|Stock Markets

As Fed Chair Warsh sticks to policy silence, colleagues voice their views

Federal Reserve Chairman Kevin Warsh this week declared his determination to bring inflation down without hinting at how, even as colleagues publicly laid out their

As Fed Chair Warsh sticks to policy silence, colleagues voice their views
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Economic activity rising and inflation easing slightly, Fed survey shows

Federal Reserve policymakers preparing for their next policy meeting in two weeks got a fresh snapshot on Wednesday of a broadly improving economy, with employment on

Economic activity rising and inflation easing slightly, Fed survey shows
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Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump

Federal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators on issues such as the impact of AI on inflation, what contacts he has had with President Donald Trump, and how the central bank will determine the persistence of inflation

Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump
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Fed's Cook says she is prepared to act soon if inflation does not begin to slow

U.S.

Fed's Cook says she is prepared to act soon if inflation does not begin to slow
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US money market funds turn defensive with Fed rate outlook uncertain

Money market funds are taking a more cautious approach in their portfolios, reflecting lingering uncertainty about the U.S.

US money market funds turn defensive with Fed rate outlook uncertain
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US producer prices post largest drop in 14 months; inflation risks still tilted to the upside

U.S. producer prices unexpectedly fell in June, posting their biggest decline in 14 months amid a pullback in the cost of energy products, further

US producer prices post largest drop in 14 months; inflation risks still tilted to the upside
Business|Economy|Finance|US

Fed Chairman Warsh questioned about independence from Trump

Federal Reserve Chairman Kevin Warsh said the Fed will continue to set interest rates without considering politics during his first congressional testimony on Tuesday. Democratic Rep. Nydia Velázquez of New York asked the new Fed leader if he works for Trump, to which he responded: “We’re an independent central bank.” He reiterated that view in an exchange with Democratic Rep. Gregory Meeks of New York, who pressed Warsh on how he would respond if Trump “publicly pressures you to pursue a different course” than that warranted by economic data.

Fed Chairman Warsh questioned about independence from Trump
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Fed's Williams: "Unquestionably too-high" inflation may soon subside

While inflation is "unquestionably too high," there are reasons to believe it may have crested and should soon start subsiding, and U.S. monetary policy is

Fed's Williams: "Unquestionably too-high" inflation may soon subside
Business|Economy|Finance|World

Revamp of 'core' PCE measure could help Fed estimate underlying inflation, research says

The U.S.

Revamp of 'core' PCE measure could help Fed estimate underlying inflation, research says
Business|Economy|Finance|Stock Markets|US

Top Fed officials embrace cooler inflation reading, clamor for more

Top Federal Reserve officials on Tuesday welcomed fresh data showing consumer price inflation cooled last month, but said they would need more such readings to feel

Top Fed officials embrace cooler inflation reading, clamor for more