The Federal Reserve is hiking rates for the first time since 2023. Here's what to know:
Business

The Federal Reserve is hiking rates for the first time since 2023. Here's what to know:

The Fed also signaled there would be one more rate hike in 2026

Federal Reserve Chairman Kevin Warsh at the Jackson Hole Economic Symposium August 28, 2026 in Jackson Hole, Wyoming. During a speech at the conference Friday Warsh expressed concern about high inflation.
Business

Fed Chair Warsh will likely side with financial markets over President Trump as a rate hike is expected

The Fed Chair said last month that inflation remains too far above the Fed's 2% target

Traders work on the floor of the New York Stock Exchange during morning trading on September 02, 2026 in New York City. Stocks opened up mixed amid concerns about the effects of rising oil prices on inflation and weaker than expected jobs data.
Business

Stubborn Inflation: US wholesale prices rise as oil prices continue to climb

Fed Chairman Kevin Warsh is signaling rate hikes may be needed with inflation still stubbornly elevated
Business

Fed Chairman Kevin Warsh is signaling rate hikes may be needed with inflation still stubbornly elevated

An inflation measure closely watched by the Federal Reserve stayed elevated last month in the latest sign that many Americans are still struggling with higher costs, while stubbornly high prices are shaping up to be a key issue in the midterm elections.
Local

Are we heading for the highest Labor Day gas prices ever?

Inflation measure closely watched by the Federal Reserve stayed elevated last month while gas prices remain stubbornly high

U.S. inflation declined slightly last month as the cost of gas and groceries slipped, though prices are still rising more quickly than before the Iran war, posing challenges for the White House as the midterm elections near.
Business

Inflation slows but prices remain elevated as Iran war and spending on AI push up prices

US Energy Crisis
Business

Inflation cools more than expected in June as gas costs fall, underlying prices ease

Analysts warn much of the progress could be reversed if the Iran war keeps worsening

US employers still reluctant to add many jobs as hiring slows in June
National

US employers still reluctant to add many jobs as hiring slows in June