Economic News

RICHMOND- Diesel prices topped $6 a gallon in Richmond and other parts of Virginia on Friday, while inflation ticked up because of rising costs for energy and housing, setting the stage for a likely increase in interest rates by the Federal Reserve Board. The average price of regular unleaded gasoline exceeded $4.12 a gallon in Richmond and statewide because of…

Diesel prices topped $6 a gallon in Richmond and other parts of Virginia on Friday, while inflation ticked up because of rising costs for energy and housing, setting the stage for a likely increase in interest rates by the Federal Reserve Board. The average price of regular unleaded gasoline exceeded $4.12 a gallon in Richmond and statewide because of higher…

The Federal Reserve's Open Market Committee meets next week. But as NPR's Rafael Nam reports, Fed Chair Kevin Warsh is doing things differently. RAFAEL NAM, BYLINE: There's a big debate going on with even bigger potential consequences.

SAN ANTONIO, Texas— Emphasizing that Texas sits at the very heart of the U.S.- Mexico economic engine, Roberto A. Coronado, senior vice president and senior economist at the Federal Reserve Bank of Dallas, delivered a keynote address outlining the deep integration, recent challenges, and future trajectory of binational trade. Coronado pointed out that Texas…

Wall Street ended higher Friday as oil prices retreated and strong consumer price data reinforced expectations that the Federal Reserve will raise interest rates next week to fight inflation. Hewlett Packard Enterprise jumped 12% and HP gained 8.4% after Oracle' s quarterly results topped estimates. Oracle dipped 1.8%. U.S. consumer prices accelerated…

Ahead of the upcoming Federal Reserve meeting, stubborn inflation, rising Treasury yields and signals from other central banks have all raised the prospect of a rate hike, which economists say is now all but certain. Ahead of the upcoming highly-anticipated Federal Reserve meeting, stubborn inflation, rising Treasury yields and signals from other central…

—The Federal Reserve and its interest rate policy will be the main focus for Wall Street this week. Wall Street will also get an update Wednesday on U.S. retail sales for August. The rate of inflation has held stubbornly above 3%, fueled by the U.S. war with Iran and its impact on the world's oil supply.

The Federal Reserve appears increasingly likely to hike interest rates next week, as inflation remains stubbornly elevated amid the war with Iran. This is raising expectations of a rate hike, even as President Trump pushes for Fed Chair Kevin Warsh to cut rates. Jai Kedia, a research fellow at the Center for Monetary and Financial Alternatives at the…

DECATUR— Frustration with the banking system led a Decatur woman to call in a bomb threat Thursday involving the William B. Sands Viaduct, police said. The threat, made during a call to the Federal Reserve Consumer Help Center, led to the roadway being closed for nearly two hours as a large contingent of Decatur police and firefighters conducted a search of the area…

School districts across Camden County are confronting a budget problem that is both familiar and difficult to control: employee health benefits are taking a larger share of the money available for classrooms, staffing and student programs. Collingswood School District health care spending rose from $4.74 million in 2020-21 to $7.33 million in 2025-26….

2026 SEP 11– By a News Reporter-Staff News Editor at TB& Outbreaks Daily News– Fresh data on economic policy are presented in a new report. According to news originating from Kunming, People’ s Republic of China, by NewsRx correspondents, research stated,“ Based on a comparative analysis of policy content and policy environments during two crisis periods, this paper…

Second in a three-part series. While some bankers were still calling for cuts back then, Chair Kevin Warsh came into the job with a message that the Fed is about to go quieter and about to go up on rates. The Fed funds target still sits at 3.50 percent to 3.75 percent, unchanged since the last cut in December 2025, but the forward curve implied by the CME FedWatch Tool has…

Getting your Trinity Audio player ready… How far can presidential judgment depart from economic reality before the institutions designed to restrain it must act? Trump has now threatened to stop trading with countries that run trade surpluses with the United States unless the Federal Reserve cuts interest rates, turning monetary policy into a…

The following information was released by the Federal Deposit Insurance Corporation:. The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, are issuing this statement to provide clarity on their risk-based supervision of certain services provided to community…

The following information was released by the Federal Deposit Insurance Corporation:. WASHINGTONSenior officials from the Bank of England, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, Securities and Exchange Commission, and Federal Reserve Board convened for a tabletop exercise on September 3, 2026, to discuss certain…

U.S. stocks ended down Thursday after producer price data for August and surging oil prices stoked worries the Federal Reserve will hike interest rates next week, while climbing Treasury yields made stocks less attractive. With supply routes through both the Strait of Hormuz and the Red Sea disrupted by the U.S.- Israeli war on Iran, Brent crude jumped 6% to $107 a…

Get Started 74% of retail CFD accounts lose money Read Review. This currency pair remained under pressure in early trade on Friday after the dollar gained ground following economic data showing producer prices increasing last month, raising expectations that the Federal Reserve could raise interest rates next week. Interest rate expectations between the…

The Bureau of Labor Statistics said the Producer Price Index, or PPI, rose 5.4% for the year ending in August. Turmoil in the Middle East pushed oil prices above $100 per barrel this week, and the average U.S. cost of diesel fuel is hitting all-time highs. Steve Hanke, a professor of applied economics at Johns Hopkins University, said the elevated PPI level did not…

—U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters with midterm elections now just seven weeks away. Federal Reserve Chair Kevin Warsh and other Fed officials have signaled they would need to see continuing disinflation…