Economy

The Story Minneapolis Federal Reserve President Neel Kashkari said Thursday that bringing down inflation remains his top priority, describing consumer prices as “much too high.” Speaking...

The Story Chicago Federal Reserve President Austan Goolsbee said Thursday that energy inflation tied to the war in Iran has persisted longer than anticipated, creating a...

The Story Aluminum prices have surged to multiyear highs following U.S.-Israeli strikes on Iran in late February, according to a single-source report from CNBC. The price...

The Story Dan Loeb, founder and chief executive of Third Point, said on a podcast published Thursday that Sam Bankman-Fried fooled him. The article’s headline also...

The Story Russia and Kazakhstan signed a series of deals during a visit by Russian President Vladimir Putin. The agreements include a currency swap arrangement and...

The Story Global oil prices increased on Thursday after the United States and Iran traded a new series of strikes overnight. West Texas Intermediate crude rose...

The Story According to a MarketWatch report, the Federal Reserve’s preferred inflation gauge — the personal-consumption price index — rose to a three-year high in April....

The Story Snowflake’s stock was headed for its biggest-ever gain after the company beat fiscal first‑quarter earnings expectations and announced an expanded partnership with Amazon.com. Chief...

The Story Consumer prices rose 0.6% in April, pushing the annual inflation rate to 3.8%, the highest since May 2023, according to the Bureau of Labor...

The Story ADP reported that private sector payrolls increased by 109,000 in April, exceeding the Dow Jones consensus estimate of 84,000. The March total was revised...