Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
FED Holds Interest Rates Steady at 5.25%-5.50% Range as Powell Says There's 'No Magic Wand' for Inflation
The Federal Reserve's decision marks the fourth consecutive meeting without a rate change, leaving borrowing costs near their highest level in 23 years.
Diminished Stockpiles May Force US, Allies to Take More Risks With Interceptors: Analysis
Patriot interceptor inventory fell from 2,330 before recent fighting to less than half that number, raising concerns about military readiness.
Republican Congressman Describes Gang Violence in Haiti After Congressional Delegation Visit
Rep. Brian Mast said he witnessed severe violence during the first congressional delegation to Haiti in a decade, including accounts of gang torture and kidnapping of U.S. citizens.
Fed Interest Rate Vote Poses a Test for Warsh as Iran War, Tariff Push Send Prices Higher
The Federal Reserve's upcoming rate decision comes amid heightened geopolitical tensions and trade policy pressures that have contributed to rising inflation concerns.
Chip Stocks Slide in US and Asia as AI Jitters Rattle Investors
Semiconductor indices fall sharply amid concerns that artificial intelligence investments may not deliver returns as quickly as markets had anticipated.
Minnesota Prediction Market Ban Paused by Federal Judge Days Before Rollout
U.S. District Judge Katherine Menendez ruled that the Trump administration, Kalshi and Polymarket are likely to prevail in arguing the state ban is pre-empted by federal law.
Mamdani Officials Say NYC-Owned Grocery Stores Won't Include Butchers or Hot Food Counters as Critics Question Viability
The five planned stores, budgeted at more than $70 million in public funds, will operate without features standard to most supermarkets, according to Economic Development Corporation officials.
Waltz Blames Biden for Depleted Stockpiles but Says US Military Has Everything It Needs
UN Ambassador Mike Waltz acknowledged munitions depletion while defending current military readiness in Sunday interview.
Ambassador Mike Waltz Dismisses Concerns Over Depleted U.S. Weapons Stockpile Amid War With Iran
The national security advisor pushed back against reports suggesting American military supplies have been strained by ongoing operations against Tehran.
Public Media Organizations Adapt After Federal Funding Cuts as Donor Support Surges
PBS, NPR and local stations have turned to private donations and operational restructuring after losing federal support, with 'rage-giving' emerging as a fundraising phenomenon.