Even Most Biden Voters Don’t See a Thriving Economy
A majority of those who backed President Biden in 2020 say today’s economy is fair [+]
Fed Officials Hint That Rate Increases Are Over, and Investors Celebrate
Stocks and bonds were buoyed after even inflation-focused Federal Reserve officials suggested that rates may [+]
Jerome Powell Says It’s Too Soon to Guess When Rates Will Drop
The Federal Reserve chair said officials could still raise rates “if” that becomes necessary, and [+]
As Holiday Shopping Season Begins, Retailers Worry
Consumer spending has been strong in 2023 despite higher prices and waning savings. But some [+]
U.S. to Limit China’s Ability to Benefit From Electric Vehicle Industry
The Biden administration issued new rules to prevent Chinese firms from supplying parts for electric [+]
In Biden’s Climate Law, a Boon for Green Energy, and Wall Street
The law has effectively created a new marketplace that helps smaller companies gain access to [+]
Climate Protesters Get in Fed’s Face as Policy Clash Grows Louder
Jerome H. Powell, the central bank’s chair, has been interrupted recently by a climate group [+]
U.S. Gas Prices Drop Ahead of Thanksgiving Travel
With OPEC Plus members in disarray over production levels, oil prices have fallen nearly 20 [+]
The Fed’s Preferred Inflation Measure Eased in October
The Personal Consumption Expenditures price index continued to cool and consumer spending was moderate, good [+]
Ford Resumes Work on E.V. Battery Plant in Michigan, at Reduced Scale
A battery plant in Michigan will be smaller than planned, Ford said, citing slower E.V. [+]