Your Pulse On America: Live And Unfiltered
Federal Reserve Chairman Jerome Powell speaks at Jackson Hole on Aug. 22, 2025 in Wyoming. David A. Grogan | CNBC The Federal Reserve meets this week with some big items on the agenda: An important rate decision and forecast of what’s ahead, combined with a healthy dose of political intrigue uncommon for central bank policymakers….
Congressional Budget Office director Phillip Swagel said Monday that President Donald Trump’s tariffs appear to have pushed inflation up higher than CBO analysts had initially expected. His views differ from those of Wall Street analysts, many of whom have been bracing for tariff-driven price hikes, but have yet to see them in materialize. Speaking on CNBC’s…
Buy now, pay later plans offer an attractive alternative to credit cards for consumers: They allow purchases to be split into short-term, typically interest-free installments. “Credit isn’t new. Credit’s been around for thousands of years and credit cards aren’t new. But they’ve had a hard time adapting to consumer needs,” said Michael Linford, chief operating…
U.S. Senate Minority Leader Chuck Schumer (D-NY) speaks to reporters as Senate Democratic leaders hold a press conference following their weekly policy lunch on Capitol Hill in Washington, D.C., U.S., Sept. 9, 2025. Elizabeth Frantz | Reuters Congressional Democrats are zeroing in on health care as a key sticking point in negotiations with the threat…
U.S. President Donald Trump speaks to the media before boarding Marine One upon departure for New York, in Washington, D.C., U.S., Sept. 11, 2025. Evelyn Hockstein | Reuters President Donald Trump said Saturday he is “ready to do major Sanctions on Russia” once all NATO countries have started “to do the same thing” and pause…
Vegetables on display in a grocery store on August 15, 2025 in Delray Beach, Florida. Joe Raedle | Getty Images From clothing to auto parts to electronics and more, tariffs are making everyday items cost more at a time when the labor market is looking increasingly fragile. A key Bureau of Labor Statistics inflation report…
Prices consumers pay for a variety of goods and services moved higher than expected in August while jobless claims accelerated, providing challenging economic signals for the Federal Reserve before its meeting next week. The consumer price index posted a seasonally adjusted 0.4% increase for the month, double the prior month, putting the annual inflation rate…
People shop for dairy products at a supermarket in Monterey Park, California on September 9, 2025. Frederic J. Brown | Afp | Getty Images Wholesale prices surprisingly fell slightly in August, providing breathing room for the Federal Reserve to approve an interest rate cut at its meeting this month, according to a Bureau of Labor…
The labor market created far fewer jobs than previously thought, according to a Labor Department report Tuesday that added to concerns both about the health of the economy and the state of data collection. Annual revisions to nonfarm payrolls data for the year prior to March 2025 showed a drop of 911,000 from the initial…
The US Department of Labor headquarters in Washington, DC, US, on Monday, Aug. 11, 2025. Bloomberg | Bloomberg | Getty Images The White House used revised jobs data released Tuesday as fodder to criticize three frequent targets of President Donald Trump: the Bureau of Labor Statistics, former President Joe Biden and Federal Reserve Chair Jerome…