Social Security’s 3.2% COLA reflects cooling inflation
With the release of the September CPI-W inflation number, the Social Security Administration announced that the COLA for 2024 will be 3.2% (see Figure
U.S. home builder confidence falls to lowest since January
By Amina Niasse NEW YORK (Reuters) – Homebuilder confidence fell in October to the lowest levels since January, according to a report released Tuesday,
Beige Book sees ‘slightly weaker’ U.S. economy — and easing inflation
The U.S. economy exhibited “stable” to “slightly weaker” growth in the early fall, a Federal Reserve survey found, helping to loosen up a tight
US business inventories increase in August
WASHINGTON (Reuters) – U.S. business inventories increased a bit more than expected in August even as sales surged, suggesting inventory investment could provide a
Israel could get $10 billion and Ukraine $60 billion under Biden request
President Joe Biden is expected to ask Congress to approve about $10 billion in military aid to Israel and some $60 billion for Ukraine
South Africa’s path to inflation stabilisation uncertain- cenbank
JOHANNESBURG (Reuters) – South Africa’s central bank said on Tuesday that upside risks to inflation had strengthened over the past months, heightening uncertainty about
Powell says more strong data like in September could warrant further interest-rate hikes
Federal Reserve Chairman Jerome Powell on Thursday said that the central bank is “attentive” to the recent economic data that shows resilient U.S. economic
Fed’s Barkin: Fed has time to see data before making next rate move call
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Richmond President Thomas Barkin said on Tuesday that the U.S. central bank
Opinion: AI needs a strong code of ethics to keep its dark side from overtaking us
With the advent of generative artificial intelligence, AI-industry leaders have been candidly expressing their concerns about the power of the machine learning systems they
US Federal Reserve to meet Oct. 24 to discuss final fair lending rule
(Reuters) – The Federal Reserve will meet Oct. 24 to discuss final rules updating requirements for fair lending by banks under a long-standing law,
Most Read
