Key Fed measure shows core inflation at 2.8%, in line with expectations
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...
American Banker13h
Who will Trump pick to run his banking agenda at the Fed?
Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a ...
GDP Prints At Just 2.3%; 40 Bps Below Expectations
GDP growth for Q4 2024 was 2.3%, below the 2.7% consensus estimate and our forecast range of 2.75% (+/-25 bps). Read more on ...
Updated: LDS Church prevails as federal appeals court tosses out James Huntsman’s tithing lawsuit
An appeals court has thrown out Utahn James Huntsman’s fraud lawsuit against The Church of Jesus Christ of Latter-day Saints ...
American Banker1h
LA wildfires put climate, risk management in focus for banks
The recent Los Angeles wildfires are only the latest reminder that banks need to steel themselves against climate change both ...
businessrecord1h
9 takeaways from 2025 Economic Forecast
At the Business Record’s 2025 Economic Forecast event, panelists shared their thoughts on how they believe Iowa’s economy will perform this year, weighing opportunities and challenges currently facing ...
'We are in mourning': President Trump mixes sympathy and politics as consoler-in-chief
Americans turn to their leaders for solace in times of mourning. Donald Trump has used national tragedies to make political points or demean critics.
This married Air Force couple makes $263,000/year in pricey California — and they’ve saved nearly $500,000 in their 20s. Here’s how they do it and how you can copy them
Brittney and Quinn Sturgis are 27 and 30 years old, respectively, but they already have close to $500,000 in savings and ...
The Fed Is Sitting on the Sidelines, but for How Long?
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
Key Fed Indicator Shows Inflation Rose in December
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
Traders Bet Fed's Next Rate Cut Will Wait Until June
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data ...
Inflation Ticked Higher Last Month, in Latest Sign of Persistent Price Pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...