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During Wednesday’s Senate Banking Committee hearing, Sen. Catherine Cortez-Masto (D-NV) questioned Fed Chair Jerome Powell ...
Inflation ticks up in May as consumer spending and income levels decline, a mixed bag that suggests a slowing U.S. economy ...
At the same time, Americans cut back on spending for the first time since January, as overall spending fell 0.1%. Incomes dropped a sharp 0.4%. Both figures were distorted by one-time changes: ...
President Trump on Friday said he was cutting off trade talks with Canada and threatened to set a new tariff rate on the ...