Will October’s inflation increase slow the pace of interest rate cuts?

Housing costs remain a major driver of inflation. (iStock) Inflation rose to 2.6% in October, up slightly from the previous month, according to the Consumer Price Index (CPI). Published by the Bureau of Labor Statistics (BLS). According to the BLS, October's inflation rate was higher than September's annual rate of 2.4%, and rose 0.2% on […]

Fed’s favored inflation gauge showed price growth continued to slow in September

Key Square Group founder Scott Bessent and America First Policy Institute chief economist Michael Faulkender discuss former President Trump's policies regarding Kudlow. Inflation measures closely watched by Fed policymakers continued to slow in September as the pace of price increases trended closer to the Fed's September target. The Commerce Department said Thursday that the personal […]

AI sector frustrated by Congress’ slow pace keeping up with the advanced tech

Those close to the growing field of artificial intelligence (AI) say the industry is frustrated with the pace of Congress' response to the issue. AI experts and industry insiders are especially concerned with less than a month until Election Day. As advanced AI technology becomes more accessible, “deepfakes” and other forms of misinformation are becoming […]

Power outage doesn’t slow down Vance’s prep for Tuesday’s VP debate with Walz

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Donald Trump’s Plans Would Boost Economy in Near Term While Kamala Harris’s Would Slow Growth, Penn Wharton Budget Analysis Finds

An influential analysis published this month found that President Donald Trump's tax cuts and spending proposals would jump-start the economy in the short term, while Kamala Harris's would immediately slow economic growth. A budget model from the Wharton School of the University of Pennsylvania shows that in the long run, both candidates' proposals would result […]

Donna Kelce hits back at critics of son amid Chiefs star’s slow start

Travis Kelce is under perhaps the most intense scrutiny of his career so far after a slow start to the season. Through three games, Kelce has eight catches for 69 yards. He has yet to reach the end zone, and his high grades, along with everything else he's accomplished in the offseason, have sports pundits […]