Economics

Warsh Reiterates Fed’s Pledge to Get Inflation Down but Doesn’t Specify How

By NYT Business · 20 minutes ago

Kevin M. Warsh, in his first testimony to Congress as chairman of the Federal Reserve, did not shed light on whether he supported higher interest rates to tame price pressures.

Warsh Reiterates Fed’s Pledge to Get Inflation Down

By NYT Business · about 1 hour ago

Kevin M. Warsh, since becoming chairman of the Federal Reserve, has declined to say whether he supports higher interest rates to tame price pressures.

Big Banks Smash Earnings Records, but ‘Tectonic’ Risks Loom

By NYT Business · about 1 hour ago

The quarterly results reflect the dichotomy between geopolitical uncertainty and the stable American economy.

Lindsey Graham died from a rare heart condition. Here’s how to know if you’re at risk.

By MarketWatch · about 1 hour ago

Aortic dissections are extremely rare; however, people with a family history or who have been diagnosed with certain genetic syndromes have an elevated risk

Jamie Dimon says ‘booming’ markets and a ‘fine’ consumer fueled JPMorgan’s blowout profits

By MarketWatch · about 1 hour ago

JPMorgan blew past earnings expectations for the second quarter, as CEO Jamie Dimon said markets are booming.

Your Social Security check could go up by $74 a month next year

By MarketWatch · about 1 hour ago

Social Security’s cost-of-living-adjustment could be 3.8% in 2027, as inflation shows signs of cooling.

Inflation Slowed During Pause in War With Iran

By NYT Business · about 1 hour ago

The Consumer Price Index fell to a 3.5 percent annual increase in June, and prices marked their biggest drop from a month earlier since 2020.

What to know about the Fed chairman’s testimony.

By NYT Business · about 1 hour ago

US inflation rate eases to 3.5% as gasoline prices fall

By BBC Business · about 1 hour ago

While the US inflation rate fell in June, concerns remain over price rises increasing again due to the renewed conflict in the Middle East.

Chai Discovery, an A.I. Drug Start-Up, Raises $400 Million

By NYT Business · about 2 hours ago

The fund-raising values the company at $3.8 billion and underscores investor interest in using artificial intelligence to tackle problems like drug discovery.

IBM’s stock is having its worst day ever after the surprise release of an earnings miss

By MarketWatch · about 2 hours ago

IBM’s stock plunges after a preliminary release of profit and revenue that were well below expectations.

The Fed’s new chairman is asking for advice.

By NYT Business · about 2 hours ago

Five new task forces are focused on topics that Kevin M. Warsh, the chairman of the Federal Reserve, has said are “central to the broad conduct of monetary policy.”

Social Security says it’s handling disability claims better. But it may just be pushing more people away.

By MarketWatch · about 2 hours ago

The rate of denials has increased in disability cases, research shows

Bank of America’s stock reverses premarket decline in wake of blockbuster earnings report

By MarketWatch · about 2 hours ago

Investors initially appeared to be “selling the news” after the bank handily beat Wall Street’s expectations

Why SpaceX and Tesla are ‘value’ stocks, according to this fund manager

By MarketWatch · about 3 hours ago

Tesla and SpaceX may be winners in the next evolution of value investing, says the president and chief investment officer of Tsai Capital, Christopher Tsai.