Politifact34m
Does California give more than it gets on federal disaster aid? Fact-checking Sen. Adam Schiff
California paid $83.1 billion more in federal taxes than it received from the federal government — more than any other state — in 2022. When the state’s population is considered, California paid ...
PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
Key Fed Indicator Shows Inflation Rose in December
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
Fed's Bowman Skeptical That Central Bank Still Very Restrictive
Federal Reserve governor Michelle Bowman said Friday that she would prefer only gradual future easing of the central bank's interest-rate policy.
Traders Bet Fed's Next Rate Cut Will Wait Until June
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data ...
Bowman: Inflation Risks to the Upside, Further Rate Cuts Should Be Gradual, Cautious
WASHINGTON (Reuters) - Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further ...
Inflation Ticked Higher Last Month, in Latest Sign of Persistent Price Pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
NBC Los Angeles2h
Key Fed measure shows core inflation at 2.8%, in line with expectations
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...
This married Air Force couple makes $263,000/year in pricey California — and they’ve saved nearly $500,000 in their 20s. Here’s how they do it and how you can copy them
Brittney and Quinn Sturgis are 27 and 30 years old, respectively, but they already have close to $500,000 in savings and ...
American Banker5h
Who will Trump pick to run his banking agenda at the Fed?
Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a ...
GDP Prints At Just 2.3%; 40 Bps Below Expectations
GDP growth for Q4 2024 was 2.3%, below the 2.7% consensus estimate and our forecast range of 2.75% (+/-25 bps). Read more on ...
Why Congress might actually get something done on housing
Your hosts wrote exactly one year ago that Congress was facing pressure to address sky-high costs for homeowners and renters — but that there was no clear path to a bipartisan compromise.