Your Pulse On America: Live And Unfiltered
Federal Reserve Governor Christopher Waller said Friday that he doesn’t expect tariffs to boost inflation significantly so policymakers should be looking to lower interest rates as early as next month. In a CNBC interview, the central banker said he and his colleagues should move slowly but start to ease as inflation is not posing a…
WASHINGTON – The Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth ahead, and still pointed to two reductions later this year. With markets expecting no chance of a central bank move this week, the Federal Open Market Committee kept its key borrowing rate targeted in a…
Colorful display of All Star Converse sneakers in shoe store, Manhattan, New York. Lindsey Nicholson | Universal Images Group | Getty Images Would you be bothered if your coat was officially classified as a windbreaker or a raincoat, or your shoes as slippers? Businesses do care though, as classifications under a preferred category can help…
A JetBlue Airways Airbus A321-231 taxis at San Diego International Airport on March 4, 2025 in San Diego, California. Kevin Carter | Getty Images JetBlue Airways CEO Joanna Geraghty told staff that the carrier is implementing a host of new cost cuts as softer-than-expected travel demand is making break-even operating margins this year unlikely. “We’re…
Celsius’ growth story is back, according to TD Cowen, on the strength of its position in women’s energy drinks. Analyst Robert Moskow upgraded Celsius to buy from hold, and raised his price target, saying that an improvement in sales and a creative new direction from management has reinvigorated the energy drink company. His price target,…
The JBS Greeley meatpacking facility in Greeley, Colorado, US, on Friday, Feb. 28, 2025. Chet Strange | Bloomberg | Getty Images Shares of Brazilian meat giant JBS rose during their U.S. public market debut on Friday. The opening trade of $13.65 per share values the company at roughly $30 billion, outstripping rival Tyson Foods’ market…
Smoke rises up after an explosion in Tehran, Iran, Friday, June 13, 2025. Vahid Salemi | AP DUBAI, United Arab Emirates — Iran launched more than 100 drones toward Israeli territory Friday morning after Israel’s overnight missile strike on the country killed at least three of its senior military leaders. “We can now confirm that…
US Federal Reserve Chair Jerome Powell waits to speak during a conference marking the 75th anniversary of the International Finance Division of the Federal Reserve Board in Washington, DC, on June 2, 2025. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump ripped Federal Reserve Chair Jerome Powell as a “numbskull” on Thursday as…
Consumer prices rose less than expected in May as President Donald Trump‘s tariffs had yet to show significant impact on inflation, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a broad-based measure of goods and services across the sprawling U.S. economy, increased 0.1% for the month, putting the annual inflation rate at…
John Creekmur, chief investment officer at the Illinois-based Creekmur Wealth Advisors, said that Disney is a buying opportunity after it took full control of Hulu . Shares of the entertainment giant were up more than 2% on Tuesday after Disney agreed to pay Comcast $438.7 million for its stake in Hulu. The move has been…