Christopher Rugaber

Jerome Powell

Fed cuts rates again as inflation falls and Trump victory shifts economic climate

BYChristopher Rugaber and The Associated Press

FILE – Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in Washington, on Sept. 18, 2024. (AP Photo/Ben Curtis, File)

Fed prepares to boost economy with another rate cut as it faces uncertainty over Trump’s expected inflationary plans

BYChristopher Rugaber and The Associated Press

Federal Reserve Chairman Jerome Powell

The Fed’s go-to inflation monitor just dropped to the lowest level since the pandemic

BYChristopher Rugaber and The Associated Press

New Apple Products Go On Sale At Fifth Avenue Store

Wealthy consumers—boosted by big income, home equity and stock market gains—are fueling U.S. spending surge

BYChristopher Rugaber and The Associated Press

FILE – Republican presidential nominee former President Donald Trump speaks along the southern border with Mexico, on Aug. 22, 2024, in Sierra Vista, Ariz. (AP Photo/Evan Vucci, File)

Trump’s anti-inflation economic plans would likely send prices surging, experts say

BYPaul Wiseman, Christopher Rugaber, and others

Federal Reserve Bank chair Jerome Powell is seen in front of the American flag, wearing a suit. His lips are tightly shut.

Fresh inflation data is here. And more jumbo Fed rate cuts seem unlikely

BYChristopher Rugaber and The Associated Press

Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in Washington.

Powell hints more interest rate cuts are ahead

BYChristopher Rugaber and The Associated Press

shopper examines large-screen television

Inflation is nearly at the Fed’s target and may be eroding Trump’s election edge

BYChristopher Rugaber and The Associated Press

FILE – The Federal Reserve building, center, rises high over the skyline of Richmond, Va., on Dec. 4, 2017. (AP Photo/Steve Helber, File)

Fed president urges caution on interest rate cuts because inflation hasn’t been beaten yet

BYChristopher Rugaber and The Associated Press

A customer passes an array of beverages while shopping at a grocery store in Chicago, Thursday, Sept. 19, 2024. (AP Photo/Nam Y. Huh)

The Fed thinks it’s won its inflation fight but most Americans are still unhappy with the economy

BYChristopher Rugaber and The Associated Press

A shopper carries Zara and H&M shopping bags on 5th Avenue in New York, US, on Friday, Sept. 13, 2024. The US Census Bureau is scheduled to release retail sales figures on September 17. Photographer: Yuki Iwamura/Bloomberg via Getty Images

‘Recession fears appear overblown’ as retail sales ticked up last month

BYChristopher Rugaber and The Associated Press

A woman and a man sit at a table in a workplace setting, both holding stacks of money. The woman looks at the man's larger stack of cash with a subtle expression of concern, while the man glances at her, representing the concept of the gender pay gap and unequal earnings between men and women

The gender pay gap just grew for the first time in decades

BYChristopher Rugaber and The Associated Press

Jerome Powell, chairman of the US Federal Reserve

U.S. economy adds 142,000 jobs in August and unemployment rate ticks down to 4.2 per cent

BYChristopher Rugaber and The Associated Press

SAN FRANCISCO, CA – JUNE 14: A sign is posted on the window a closed business on June 14, 2023 in San Francisco, California. San Francisco’s downtown continues to struggle with keeping retail and commercial properties rented following the COVID-19 pandemic, and lags behind all major cities in the U.S. and Canada. Westfield has stopped making payments on a $558 million loan for their mall at 865 Market St. weeks after their anchor tenant Nordstrom announced plans to pull out of the mall. Downtown San Francisco has an estimated 18.4 million square feet of available real estate. (Photo by Justin Sullivan/Getty Images)

Job openings plunged this summer and hiring is worse now than before the pandemic

BYChristopher Rugaber, Irina Ivanova, and others

FILE – A woman buys eggs at a Walmart Superstore in Secaucus, New Jersey, July 11, 2024. (AP Photo/Eduardo Munoz Alvarez, File)

The Fed is predicting a ‘soft landing’ but Americans aren’t ready to celebrate

BYChristopher Rugaber and The Associated Press