Expense Control Will Be Key to Citi's Turnaround Efforts; Increasing FVE to $75 from $70
The commercial banking operation is Citi's most unique business, as its global footprint is hard to replicate. This international presence will help Citigroup remain a bank of choice for cross-border ...
Claudia Sahm On U.S. Economic Effects - The Details Matter
Claudia Sahm, expert on monetary and fiscal policy, discusses the Sahm Rule, labor supply and unprecedented economic events.
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Delaying deposit decisions? Consider the cost before waiting on the Fed
In a vacuum, the Fed could raise its target rate, lower it or leave it unchanged. That was true at last week’s meeting and ...
Retirement Challenges in 2025: Market Volatility, Inflation and Social Security
Inflation, uncertain markets and a limited Social Security COLA are among the financial hurdles for retirees in 2025.
Trump has two strong options to defuse the U.S. debt time-bomb. He should use them.
In contrast, mass deportations of undocumented immigrants would tank the U.S. economy. If President Donald Trump can limit ...
US wage growth for low-paid workers has slowed more rapidly, erasing their post-COVID edge
US wage growth for lower-paid workers has slowed more than other groups recently. That has partly reversed the strides they ...
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
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The Fed Voted to Hold Rates Steady. Your Credit Card's APR Likely Won't Change Either
Average APRs have inched down slightly, but you should focus on lowering your credit card balance as soon as you can.
The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Fed leaves rates unchanged, sees no hurry to cut again
Wall Street stocks slipped and the dollar gained on Friday after President Donald Trump announced tariffs on Canada, Mexico and China, capping a volatile week for markets.