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U.S. economic forecast darkens as efforts to tamp down persistent inflation continue DENVER — The U.S. economy still has considerable momentum and is not currently on the verge of recession. However, economists have never been...
U.S. economic forecast darkens as efforts to tamp down persistent inflation continue...
Quite a busy summer Friday! The Justice Department released a heavily redacted version of the affidavit used to get legal authorization to search former President Donald Trump’s Mar-a-Lago estate in Florida. And Federal Reserve Chair Jerome Powell delivered a stark warning that the bank will do what it takes to fight inflation, even if it means a weaker economy and job market. Here’s what you need to know before you log off for the weekend.
Stock finish sharply lower Wednesday as Target earnings disappoint and Fed Chair Powell warns 'there could some pain involved' with the Fed's inflation approach.