WASHINGTON (AP) — U.S. wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, the highest ...

From two cuts to a hike in five months… why Louis says the market is misreading this… the Bessent-Warsh playbook… how to be ...

I’m Nancy Cook, Bloomberg’s senior national political correspondent, and each weekday I’ll be coming to you with inside-the-room reporting and insights that reveal what’s really happening in ...

The path to Kevin Warsh’s confirmation as the next Federal Reserve chair just got cleared, but traders still see an interest-rate cut in the first half of the year as a pipe dream. Jerome Powell’s ...

The Federal Reserve kept interest rates unchanged at the conclusion of its April meeting, likely Jerome Powell’s last as Fed chair. The central bank’s benchmark has a knock-on effect on many consumer ...

The Federal Reserve is likely to stay in wait-and-see mode and leave interest rates alone at the end of its two-day meeting April 29 as the Iran war risks driving up inflation and concerns about the ...

THIS IS 16 WAPT NEWS LIVE AT SIX. A DEADLY SHOOTING AT A JACKSON LIQUOR STORE IS UNDER INVESTIGATION TONIGHT. THANKS FOR JOINING US AT SIX. I’M TROY JOHNSON AND I’M MEGAN WEST. A MAN WAS SHOT AND ...

Washington state’s newly signed income tax on high earners is already facing a legal challenge, with critics arguing it violates the state constitution and could hit small businesses. The measure ...

A divided Federal Reserve left its benchmark interest rate unchanged on April 29, and Jerome Powell delivered something of a farewell address, speaking about the central bank’s independence and his ...