BIS warns of economic danger if Iran conflict proves enduring
A prolonged war in the Middle East that dislodges inflation expectations could ultimately result in financial-market fallout and fiscal trouble, the Bank for International Settlements »
Meta could save over $6 billion with 20% job cuts. It may not make much of a dent, says JP Morgan.
A report suggested Meta Platforms could be eyeing job cuts of 20% of more to offset heavy artificial-intelligence infrastructure costs. Such a dramatic action may »
US Secretary of Energy Says High Gasoline Prices Might Last Weeks
Energy Secretary Chris Wright said Sunday that Americans could get relief from high gas prices, but that it could take a few weeks. “Americans are feeling »
Fed's favored inflation gauge remained stubbornly high in January as consumer price pressures persist
The Commerce Department on Friday reported that the personal consumption expenditures (PCE) index rose 0.3% on a monthly basis in January and is up 2. »