Trump's Mexico and Canada tariffs could add nearly $6,000 to the average cost of a car, by one estimate
Analyst Cody Acree estimated that the average sticker price would rise about $5,790, based on the impact of the currently ...
Economists estimate softer Texas job market in 2025: Dallas Fed
Federal Reserve Bank of Dallas annual report estimates 225,000 Texas jobs introduced in 2025, decrease from 2024 growth in ...
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we're not quite there yet'
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report Wednesday.
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are'
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
Watch Fed Chair Powell speak live before House Financial Services Committee
Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...
India's inflation cools to lower-than-expected 4.31% in January
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its ...
More Israeli checkpoints are slicing up the West Bank
To spend a rush hour these days at any of the traffic-snarled checkpoints outside Palestinian cities in the West Bank is to ...
Project 2025 co-author shuts down operations at consumer protection agency
If you have a bank account, or a credit card, or a mortgage, or a student loan, this is a code red," Elizabeth Warren said. "I am ringing the alarm bell." ...
What the end of the penny means for the economy, your piggy bank, and the way America prices items
President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.
NBC 6 South Florida14d
Fed meeting recap: Powell says central bank is in no hurry to cut rates again
The pause comes after the central bank cut rates three consecutive times to end 2024. There is a wide range of possibilities when it comes to the potential effects of tariffs, according to Fed ...
NBC 6 South Florida14d
European Central Bank to cut rates again with Trump threat and U.S. divergence in focus
The European Central Bank is set to kick off its 2025 meetings ... Get local news you need to know to start your day with NBC 6's News Headlines newsletter. Market pricing then suggests follow ...
NBC 10 Philadelphia14d
European Central Bank to cut rates again with Trump threat and U.S. divergence in focus
The European Central Bank is set to kick off its 2025 meetings with another interest rate cut on Thursday, as traders aim to gauge how far it is willing to diverge from a stalled Federal Reserve.