U.S. World Business Lifestyle
Today: June 10, 2026
Today: June 10, 2026

Federal Reserve

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US households, businesses stung by higher energy prices that have pushed inflation above 4%

Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near

US households, businesses stung by higher energy prices that have pushed inflation above 4%
Business|Economy|Finance|Stock Markets

Instant View: CPI rises at fastest rate in three years but meets market expectations

U.S. consumer inflation increased at its fastest pace in three years in May as the Middle East conflict raised the price of gasoline and other energy products, giving

Instant View: CPI rises at fastest rate in three years but meets market expectations
Business|Economy|Finance|Stock Markets|US|World

Traders keep bets on Fed rate hike by October

Traders of short-term U.S. interest rates edged away from bets that the Federal Reserve rate will deliver a rate hike as soon as September, but continued to show strong conviction

Traders keep bets on Fed rate hike by October
Business|Economy|World

Higher gasoline prices likely pushed up US consumer inflation again in May

U.S. consumer inflation likely increased at its fastest pace in three years in May as the Middle East conflict raised prices of energy products, which

Higher gasoline prices likely pushed up US consumer inflation again in May
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US Fed to release 2026 bank stress test results on June 24

The U.S. Federal Reserve said on Tuesday it will publish the results of its annual big bank stress tests on June 24.

US Fed to release 2026 bank stress test results on June 24
Business|Economy|Finance|Stock Markets|US

Wells Fargo CFO signals 'step up' in interest income in second quarter

U.S. banking giant Wells Fargo's net interest income will see a "step up" in the current quarter, Chief Financial Officer Mike Santomassimo said at an

Wells Fargo CFO signals 'step up' in interest income in second quarter
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Weak yen, hawkish Fed adds to pressure on BOJ to accelerate hikes

Persistent weakness in the yen and an expected hawkish shift for the Federal Reserve after a hot jobs report in the U.S. are expected to add pressure on the

Weak yen, hawkish Fed adds to pressure on BOJ to accelerate hikes
Business|Economy|Finance|Stock Markets|US

Goldman Sachs pushes Fed rate-cut call to 2027 on strong US jobs data

Goldman Sachs expects the U.S.

Goldman Sachs pushes Fed rate-cut call to 2027 on strong US jobs data
Business|Economy|Finance|Technology|World

Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears

Wall Street’s nine-week winning streak ended with a thud on Friday, as red-hot technology stocks suffered their largest daily decline since

Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears
Business|Economy|Finance|Stock Markets

Instant View: Strong May jobs number sends yields, rate expectations higher

The U.S. economy posted another month of strong employment gains in May, confirming that the labor market was gaining traction after stumbling last year and sending short-

Instant View: Strong May jobs number sends yields, rate expectations higher
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US job report strikes a hawkish note as Fed's Warsh takes the baton

The blowout U.S. job report released on Friday is likely to further ease concerns among Federal Reserve officials about labor market weakness and

US job report strikes a hawkish note as Fed's Warsh takes the baton
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US stock futures extend declines after May non-farm payrolls data

U.S. stock index futures extended declines on Friday after a stronger-than-expected jobs report further fueled expectations for the Federal Reserve to hike interest rates this year.

US stock futures extend declines after May non-farm payrolls data
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US posts another month of strong job gains in May; unemployment rate steady at 4.3%

The U.S. economy posted another month of strong employment gains in May, confirming that the labor market was gaining traction after stumbling last

US posts another month of strong job gains in May; unemployment rate steady at 4.3%
Business|Economy|Finance

US mortgage rates are staying high – and the Fed can do very little about it

Investors’ inflation expectations, much more than the central bank, are among the factors that affect the cost of home loans.

US mortgage rates are staying high – and the Fed can do very little about it
Business|Economy|Finance|US

Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months

The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief for prospective homebuyers

Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months
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IMF urges Fed caution on inflation as Warsh prepares to chair first policy meeting

The International Monetary Fund on Thursday urged the Federal Reserve in its first policy meeting led by new Fed Chair Kevin Warsh to stay cautious on rates due to

IMF urges Fed caution on inflation as Warsh prepares to chair first policy meeting
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Boston Fed paper says Fed can concentrate on inflation risks amid energy shock

By Michael S.

Boston Fed paper says Fed can concentrate on inflation risks amid energy shock
Asia|Economy|Finance|Stock Markets|US|World

Yen touches 160, dollar slips from two-month high amid Iran talks

The dollar slipped from a two-month high on Thursday as optimism rose about a ceasefire in Lebanon, while markets were alert to possible intervention as the

Yen touches 160, dollar slips from two-month high amid Iran talks
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US weekly jobless claims increase to four-month high; worker productivity revised down

The number of Americans filing claims for unemployment benefits increased more than expected last week, touching their highest level in four months,

US weekly jobless claims increase to four-month high; worker productivity revised down
Political

Supreme Court turns toward an explosive final month with Trump’s priorities at stake

Supreme Court turns toward an explosive final month with Trump’s priorities at stake

Supreme Court turns toward an explosive final month with Trump’s priorities at stake
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Fed's Logan says a rate hike may be needed to beat inflation

Dallas Federal Reserve President Lorie Logan on Wednesday said signs of robust economic growth and corporate earnings "going gangbusters" are helping to make her

Fed's Logan says a rate hike may be needed to beat inflation
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Fed policy 'a bit loose,' need it to be 'restrictive,' Logan says

Federal Reserve Bank of Dallas President Lorie Logan on Wednesday said she feels monetary policy is currently "neutral or perhaps even a bit loose," in contrast with what she feels

Fed policy 'a bit loose,' need it to be 'restrictive,' Logan says
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US services sector expands in May; supply constraints raise prices

U.S. services sector activity picked up in May as businesses preemptively placed orders and replenished inventories in anticipation of shortages and

US services sector expands in May; supply constraints raise prices
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Fed policy is in 'right place' amid inflation risks, Williams tells Yahoo Finance

By Michael S.

Fed policy is in 'right place' amid inflation risks, Williams tells Yahoo Finance