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Today: May 13, 2026
Today: May 13, 2026

US Economy

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Fed's Collins expects inflation pressures from Iran war to eventually subside, WSJ reports

Boston Federal Reserve President Susan Collins told the Wall Street Journal on Wednesday that she expects inflation pressures from the Iran war to eventually subside and that the

Fed's Collins expects inflation pressures from Iran war to eventually subside, WSJ reports
Business|Economy|Finance|Stock Markets|US

Kevin Warsh confirmed as Fed chair, succeeding Jerome Powell

Kevin Warsh confirmed as Fed chair, succeeding Jerome Powell

Kevin Warsh confirmed as Fed chair, succeeding Jerome Powell
Business|Economy|Finance|World

Fed's Collins says rate hikes may be needed to curb inflation

Boston Federal Reserve President Susan Collins said on Wednesday the U.S. central bank may need to raise interest rates if inflation pressures do not abate.

Fed's Collins says rate hikes may be needed to curb inflation
Business|Economy|Finance

To dot or not? Warsh's first Fed rate projection could out his views to the public - and Trump

Kevin Warsh will face a key moment in his first weeks as U.S.

To dot or not? Warsh's first Fed rate projection could out his views to the public - and Trump
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Fed's Goolsbee says latest inflation read was disappointing

Chicago Federal Reserve President Austan Goolsbee said on Tuesday that the government's report showing accelerating consumer inflation last month was unexpectedly

Fed's Goolsbee says latest inflation read was disappointing
Business|Economy|Environment|Political|World

Trump says he'll move to suspend federal gasoline tax. He can't do it on his own

President Donald Trump is moving to suspend the federal tax on gasoline to help Americans shoulder surging fuel prices caused by the Iran war

Trump says he'll move to suspend federal gasoline tax. He can't do it on his own
Business|Economy|World

US container imports fell 5.5% in April on trade and geopolitical risks, Descartes says

U.S. container imports dropped 5.5% in April as importers contend with trade policy uncertainty and geopolitical risks, supply chain technology provider Descartes Systems Group said

US container imports fell 5.5% in April on trade and geopolitical risks, Descartes says
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Fed's Hammack voices concern about 'inflationary mindset' taking hold

Federal Reserve Bank of Cleveland President Beth Hammack said on Thursday that she hears concerns from businesses that an inflationary mindset is starting to become

Fed's Hammack voices concern about 'inflationary mindset' taking hold
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US job openings drop in March; hires increase sharply

U.S. job openings slipped in March, but a surge in hiring suggested the labor market was regaining its footing after struggling last year.

US job openings drop in March; hires increase sharply
Business|Economy|Health|Political

Trump's drugmaker deals may save economy $529B over 10 years, White House says

President Donald Trump’s deals with drugmakers requiring many of their U.S. prescription prices to drop could save the economy $529 billion over the next decade

Trump's drugmaker deals may save economy $529B over 10 years, White House says
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Fed's Logan says central bank's next rate move could be cut or hike

By Michael S.

Fed's Logan says central bank's next rate move could be cut or hike
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Powell era ends with rates on hold, Fed hawks on the rise and a vow to keep governor's seat warm

Federal Reserve Chair Jerome Powell closed out eight years as head of the U.S. central bank on Wednesday with interest rates on hold

Powell era ends with rates on hold, Fed hawks on the rise and a vow to keep governor's seat warm
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Fed sees three dissents over an 'easing bias.' What's that?

More Federal Reserve officials dissented against Wednesday's U.S. central bank policy decision and statement than at any of their interest-rate-setting meetings in

Fed sees three dissents over an 'easing bias.' What's that?
Business

Fed holds rates steady, but board vote is most divided since 1992

The Federal Reserve held its policy rate steady on Wednesday, as was widely expected, citing rising concerns about inflation in what is likely to be Jay Powell's last

Fed holds rates steady, but board vote is most divided since 1992
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Will Jerome Powell stick around at the Fed? Here’s what insiders told us

Will Jerome Powell stick around at the Fed? Here’s what insiders told us

Will Jerome Powell stick around at the Fed? Here’s what insiders told us
Business|Economy|Finance|Stock Markets|US|World

US pump prices near 4-year high on Iran war disruption, refinery outages

The average U.S. gasoline price rose to its highest level in nearly four years after the U.S. and Israel attacked Iran at the end of February, according to

US pump prices near 4-year high on Iran war disruption, refinery outages
Business|Economy|Finance

Fed likely to hold rates steady as Powell prepares for possible swan song

Federal Reserve policymakers will gather in Washington this week in what may be Jerome Powell's last meeting as head of the U.S. central bank, with

Fed likely to hold rates steady as Powell prepares for possible swan song
Business|Economy|Environment|Political

Trump grants 90-day Jones Act waiver extension to curb energy costs

President Donald Trump granted a 90-day extension to a shipping waiver that makes it easier to move oil, fuel and fertilizer around the United States, the White

Trump grants 90-day Jones Act waiver extension to curb energy costs
Business|Economy|Food|Technology

Budweiser-maker Anheuser-Busch lays out $600 million investment plan for US facilities

Anheuser-Busch InBev is investing $600 million in U.S. manufacturing facilities over two years, the American subsidiary of the world's top brewer said on Wednesday, in line with

Budweiser-maker Anheuser-Busch lays out $600 million investment plan for US facilities
Business|Economy|World

Wells Fargo CEO says reducing interest rates before seeing end to Iran conflict would be a mistake

Wells Fargo CEO Charlie Scharf said on Monday that lowering interest rates now, before there is clarity about a potential end to the Iran conflict, would be "the wrong

Wells Fargo CEO says reducing interest rates before seeing end to Iran conflict would be a mistake
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Deutsche Bank expects Fed to hold rates in 2026

Deutsche Bank expects the U.S.

Deutsche Bank expects Fed to hold rates in 2026
Business|Economy|World

US private payrolls increase steadily in March, ADP says

U.S. private payrolls increased steadily in March, the ADP's national employment report showed on Wednesday.

US private payrolls increase steadily in March, ADP says
Business|Economy|World

Fed's Musalem sees no imminent need to change monetary policy stance

St.

Fed's Musalem sees no imminent need to change monetary policy stance
Business|Economy|Environment|World

Iran war puts US companies in wait-and-see mode, Fed report says

U.S. businesses and households still adjusting to the Trump administration's tariff policies also are reeling from a surge in energy prices due to the Iran war, a

Iran war puts US companies in wait-and-see mode, Fed report says