You Searched For "New York Fed" and got 20 results
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1 min read
New York Fed chief says it's time to lower rates with inflation cooling and the labor market slowing
Following the August jobs report, John Williams said the economy is "now in equipoise," with easing…
Kelly Cloonan
5 mins read
What the Eric Adams indictment means for New York City's leadership and future
NYC Mayor Eric Adams maintains innocence as his indictment on five criminal charges shakes the city…
Dan DeFrancesco
4 mins read
Judge to gag Diddy lawyers and feds after courtroom argument about 'racist prosecution'
A prosecutors in Sean 'Diddy' Combs' case read aloud an interview where his lawyer accused them of …
Jacob Shamsian,Laura Italiano
2 mins read
The Fed finally cut interest rates. Here's what comes next.
Don't expect an immediate impact from the Fed cutting interest rates. But that doesn't mean you can…
Dan DeFrancesco
3 mins read
The Fed's interest-rate cut put Trump even more at odds with the central bank
Donald Trump has argued that the Fed would only cut interest rates close to the election to help hi…
Ayelet Sheffey,Brent D. Griff…
5 mins read
US economy's fate hangs on jobs report as Fed decides how deep cuts will go
Data on unemployment may influence how deep the Fed cuts interest rates as the US economy is at a t…
Dan DeFrancesco
1 min read
Goldman's Beth Hammack has a new job: Cleveland Fed president
Cleveland's Federal Reserve Bank appointed Beth Hammack, a Goldman Sachs veteran, as its next presi…
Shubhangi Goel
2 mins read
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting infl…
Kelly Cloonan
1 min read
Younger Americans are falling behind on credit card and car payments, New York Fed says
"Delinquency tends to decrease with age, and younger generations have delinquency rates slightly hi…
Yuheng Zhan
2 mins read
Get ready for stocks to embark on a weekslong rally after the Fed cuts rates, Fundstrat's Tom Lee says
Traders see a 61% chance the Fed will cut rates 50 basis points at its upcoming policy meeting, per…
Jennifer Sor
2 mins read
A lone dissenting vote on the Fed's rate cut marks the first split by a central bank governor in 2 decades
The Fed's decision to cut rates by 50 basis points garnered support from 11 of 12 voting members, w…
Kelly Cloonan
2 mins read
Gold could see profit taking as it hits another new lifetime high
Gold prices hit another high on Thursday to ₹66,778 per 10 grams on the MCX on Thursday morning tra…
5 mins read
Delivering food on an e-bike or moped is a deadly endeavor in New York City
The fatality rate for app-based delivery drivers using non-car transport is five times as high as c…
Eliza Relman,Madison Hoff
1 min read
The Fed is 'getting closer' to cutting interest rates, top official says
Several official from the Fed seem confident that, with more data on steadily decreasing inflation,…
Kelly Cloonan
5 mins read
Betting on the election is the hottest new trend. But can prediction markets keep the momentum going?
Platforms like Kalshi and Polymarket are reshaping election analysis through prediction markets, an…
Dan DeFrancesco
2 mins read
The August jobs report reinforces 'waning vigor' in the labor market and the Fed should deliver a big rate cut, JPMorgan says
JPMorgan chief economist Michael Feroli says the Fed should cut 50 basis points this month as the A…
Kelly Cloonan
2 mins read
Why the Fed may be too late to stop a recession with its rate cuts, according to Northwestern Mutual investment chief
The economy has over a 50% chance of tipping into a recession, according to Northwestern Mutual's c…
Jennifer Sor
2 mins read
The Fed will only cut rates once this year because the US economy is too strong, market vet says
Inflation is on its way to the Fed's target, and the job market is likely to perk back up, Ed Yarde…
Jennifer Sor
2 mins read
Spirit passengers are getting fed up with the ultra-low-cost airline's extra fees
Spirit lowered its revenue estimate, blaming declining non-ticket revenue. United's CEO previously …
Pete Syme
1 min read
Tech workers tired of Silicon Valley are moving to New York City in droves for the social scene
New York City attracted more tech talent from the Bay Area than any other city between 2022 and 202…