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Fed Chair Powell Signals Interest Rate Cuts in Jackson Hole Speech

Fed Chair Powell Signals Interest Rate Cuts in Jackson Hole

Jerome H. Powell used a speech in Jackson Hole to signal that the Federal Reserve will begin to cut rates
U.S. Plans to Accuse RealPage of Enabling Collusion on Rents

U.S. Plans to Accuse RealPage of Enabling Collusion on Rents

The Justice Department is set to file an antitrust suit against the real estate company RealPage alleging illegal price-fixing facilitated
Why the Fed’s Jackson Hole Confab Matters for Wall St. and the Economy

Why the Fed’s Jackson Hole Confab Matters for Wall St.

The Federal Reserve Bank of Kansas City’s annual conference in Wyoming gets a lot of buzz. Here’s why it matters
30-Year Mortgage Rate Dips to 6.46%; Home Sales Rise

30-Year Mortgage Rate Dips to 6.46%; Home Sales Rise

Home buyers this week saw the lowest average rate since early 2023, and existing-home sales rebounded in July. Analysts predict
What Canada’s Rail Shutdown Could Mean for U.S. Supply Chains

What Canada’s Rail Shutdown Could Mean for U.S. Supply Chains

Rail labor disruptions in Canada tend to be brief, but a prolonged stoppage could hurt farmers, automakers and other businesses.Rail
Farm Workers Union Battles With California Grower, Wonderful Nurseries

Farm Workers Union Battles With California Grower, Wonderful Nurseries

Wonderful Nurseries, owned by Stewart and Lynda Resnick, has sued the state to overturn a labor organizing law championed by
Powell Faces Economic Crossroads as He Prepares to Speak at Jackson Hole

Powell Faces Economic Crossroads as He Prepares to Speak at

Jerome Powell, the Federal Reserve chair, will deliver remarks as inflation cools and growth holds up — but as labor
What Kalamazoo (Yes, Kalamazoo) Reveals About the Nation’s Housing Crisis

What Kalamazoo (Yes, Kalamazoo) Reveals About the Nation’s Housing Crisis

A decade ago, the city — and all of Michigan — had too many houses. Now it has a shortage.
While the Public Awaited Jobs Data, Wall Street Firms Got a Look

While the Public Awaited Jobs Data, Wall Street Firms Got

A report was delayed on the Bureau of Labor Statistics website, but some investors got it in the meantime, raising
Fed Minutes Show a Cut ‘Likely’ to Come in September

Fed Minutes Show a Cut ‘Likely’ to Come in September

Even before a disappointing July jobs report, Federal Reserve officials thought they would probably cut rates at their Sept. 17-18
Harris’s Price-Gouging Ban: Price Controls or No Quick Effect?

Harris’s Price-Gouging Ban: Price Controls or No Quick Effect?

The plan does not appear to amount to government price controls. It also might not bring down grocery bills anytime
U.S. Added 818,000 Fewer Jobs Than Reported Earlier

U.S. Added 818,000 Fewer Jobs Than Reported Earlier

The Labor Department issued revised figures for the 12 months through March that point to greater economic fragility.The Labor Department