Other officials have been saying much of the same, essentially that inflation is showing progress but still has a way to go.
Category: Finance News
Ray Dalio says U.S. reaching an inflection point where the debt problem quickly gets even worse
Soaring U.S. government debt is reaching a point where it will begin creating larger problems, the hedge fund titan said Friday.
Stocks making the biggest moves before the bell: Alibaba, Applied Materials, Gap and more
These are the stocks posting the largest moves in premarket trading.
Stocks making the biggest moves after hours: Ross Stores, Gap, ChargePoint Holdings and more
These are the stocks posting the largest moves in after-hours trading.
Watch for this ‘phantom tax’ before taking Affordable Care Act insurance subsidies, advisor says
Many Americans qualify for Affordable Care Act health insurance subsidies, but it’s critical to run tax projections before accepting lower premiums.
Bill Gates says today’s software is still ‘pretty dumb,’ but believes AI will ‘utterly change how we live our lives’
In the near future, Bill Gates thinks most people will have AI agents that are smart enough to accomplish many tasks for them. But many challenges lie ahead.
Fed’s Mester wants ‘much more evidence’ that inflation has been defeated
The Cleveland Fed president said she’s reserving judgment on where policymakers go from here.
Stocks making the biggest moves midday: Sonos, Cisco Systems, Alibaba, Walmart and more
These are the stocks posting the largest moves in midday trading.
Charlie Munger says there isn’t the slightest chance Buffett traded own account to enrich himself
Berkshire Hathaway vice chairman Charlie Munger pushed back against a ProPublica report about Warren Buffett’s personal trading.
Correction: Stocks making the biggest moves premarket: Walmart, Cisco, Palo Alto Networks and more
These are the stocks posting the largest moves before the bell.