XLP News Explorer

The minutes from the last meeting of the e Fed's rate setting committee reveal inflation concerns.

Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged. According to minutes of the Jan. 28-29 meeting, which were released Wednesday, Fed officials said that President Donald Trump's proposed tariffs and mass deportations of migrants, as well as strong consumer spending, were factors that could push inflation higher this year. The Fed's 19 officials who participate in its interest-rate decisions indicated that “they would want to see further progress on inflation before making” any further cuts.

Top officials are grappling with how to handle potential price increases caused by the administration’s policies.

Stock futures hovered around baseline post-market close Thursday evening.

The producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December, the Bureau of Labor Statistics said on Thursday.

Inflation rose 3% in January, a hotter-than-expected reading that's showing up in grocery prices and other everyday expenses.

January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.

The Labor Department released the consumer price index for January which showed that inflation remained elevated in as the Federal Reserve considers a continued pause on rate cuts.

Social Security payments are paid out to beneficiaries at different times of the month depending on their birthdate and how long they've been receiving benefits.

Investors took in Amazon earnings, with the all-important jobs report on deck.

New data from the Labor Department showed the amount of Americans filing for continued unemployment benefits remains near its highest level in three years.

In a labor market driven by consumer-led sectors, a resurgence in inflation could be the largest looming risk to the health of the jobs picture.

Companies in the private sector added 183,000 jobs in January, payroll processing firm ADP said on Wednesday. The figure is above economists’ estimates of 150,000 jobs.

Canada's outgoing Prime Minister Justin Trudeau shot back against new tariffs announced by President Trump on Saturday by slapping Ottawa's own set of tariffs which could harm the U.S. economy.

President Trump's plans to implement tariffs on China, Mexico and Canada will take effect on Feb. 1, the White House said. Here's what you need to know about the levies.

A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024, likely reinforcing a wait-and-see approach from the central bank.

The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in line with economists' expectations.

The latest reading on US economic growth and inflation comes as investors debate when, or if, the Federal Reserve will resume cutting interest rates in 2025.

Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.

Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.

The president is expected to issue a series of orders that will affect US immigration, energy policy, culture war issues and other matters.

Stocks failed to continue Wednesday's rally as retail sales and fresh earnings from big banks took focus.

Prices rose by more than incomes during Biden's four years in office. A change in presidents doesn't mean the problem is solved.

The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers of stubborn inflation experienced by consumers.

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

(Bloomberg) -- European stocks edged higher and bond yields slipped as an unexpected slowdown in UK inflation followed a benign wholesale price reading in the US, encouraging hopes that price pressures could be starting to recede. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesBritish consumer prices rose 2.5% from a year earlier in December, better than the 2.6% reading fore

Stocks are under pressure as strong data craters bets on the chances of Fed rate cuts.

Stocks are under pressure as strong data craters bets on the chances of Fed rate cuts.

If Trump decides to declare a national economic emergency to impose a series of universal tariffs, his trade plans could quickly attract legal challenges that will surely mean even more uncertainty for importers.

A sharp selloff in some of the world's biggest government bond markets and a surge in the dollar are sending shockwaves through financial markets, with the pain seen deepening as uncertainty grows over Donald Trump's policies. Trump's plans for higher trade tariffs, tax cuts and deregulation threaten to push up inflation and strain government finances, thereby also limiting the Federal Reserve's scope to cut interest rates. The S&P 500, which rallied post Trump's win, has started to falter.

Companies in the private sector added 122,000 jobs in December, payroll processing firm ADP said on Wednesday. The figure is below economists’ estimates of 140,000 jobs.

The potential impact of President-elect Donald Trump's policies remained top of mind for consumers in December, per the Conference Board.

(Bloomberg) -- US equity futures rose, tracking the rebound in Asian stocks from last week’s selloff, as subdued inflation data rekindled expectations of Federal Reserve rate cuts. The dollar steadied after a retreat.Most Read from BloombergReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiHo Chi Minh City Opens First Metro Line After Years of DelayNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having

The authorities said they were struggling to understand the motives behind ramming a car into a Christmas market in the eastern city of Magdeburg, which left a 9-year-old boy among the five dead.

November's Personal Consumption Expenditures report is the latest data point that will shape future monetary policy.

Central bankers are alert to the risk that global trade tensions will make managing inflation more challenging.

Mired in a battle to contain surging prices, the central bank also needs to be nimble enough for the economic downturns to come, our columnist says.

The economy had been expected to return to growth but data shows it contracted by 0.1%.

Price inflation is slowing for many goods, as the Consumer Price Index increased 2.7%.

Progress stabilising prices in the US may be stalling, just as public opinion brightens.

Increases in prices for groceries and gasoline outweighed disinflation in categories like shelter, according to the consumer price index.

Toilet paper is at the top of the shopping list with 77% saying they are stocking up on it, according to a recent survey from CreditCards.com.

Federal Reserve Chair Jerome Powell spoke Wednesday at the New York Times DealBook conference.

A big jump in pensioners applying for the means-tested benefit came after ministers limited winter fuel payments.

The price of Thanksgiving dinner is down considerably the past two years but still higher than pre-pandemic — a window into the overall path of inflation.

President-elect Trump's plan to increase tariffs on goods from China and impose them on products from Mexico and Canada would drive inflation up by nearly 1%, Goldman Sachs estimates.

Some in the party are considering alternative ways of assessing the federal budget as they prepare to extend temporary tax cuts passed in 2017.

First Trust Advisors chief economist Brian Wesbury on tight consumer credit conditions, the state of the stock market and how Trump's Cabinet picks will impact the macroeconomy.

The inflation rate has risen, putting pressure on people's finances and casting doubt on interest rate cuts.

Sunday's move follows a tough week for the three major benchmarks, which are now off their highs that were seen in the aftermath of Trump's victory.

(Bloomberg) -- European equities and US futures fell after Jerome Powell indicated the Federal Reserve was in no rush to cut interest rates.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndNYC Congestion Pricing Plan With $9 Toll to Start in JanuarySaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsThe Stoxx 600 slipped 0

Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal Reserve while making it clear the central bank is not "in a hurry" to lower interest rates.

The holiday shopping season may not be as merry for retailers this year, with a recently-released report suggesting they could see less sales growth over the festive period.

Inflation rose slightly in October in line with economists' expectations, as the consumer price index was up 2.6% from a year ago and 0.2% compared with last month.

President-elect Trump's economic agenda for his second term in the White House will include some old and new policies compared to his first administration.

Minneapolis Federal Reserve President Neel Kashkari said Sunday that President-elect Trump's planned mass deportations of illegal immigrants could disrupt labor at some businesses.

Donald Trump made a wide array of promises on the campaign trail. Some of them will be easier for him to do by himself than others once he takes office in 2025.

Americans still cite inflation as their top economic issue heading into Election Day, but consumer optimism is up after sentiment rebounded in October.

Republicans and Democrats used the latest jobs numbers to bolster their arguments about who would be better at managing the economy.

The Fed may not have received the inflation data it wanted Thursday, but some economists said the central bank is still on track for a 25 basis point rate cut at its policy meeting next week.

The chancellor says businesses will "contribute more" as she raises employer National Insurance to 15%.

Wednesday's reading on US economic growth and inflation comes as investors attempt to decipher the Federal Reserve's path forward with interest rates.

BlackRock Chief Executive Larry Fink says the Federal Reserve will not lower interest rates as much as some forecasters expect, warning inflation is "embedded."

The share of U.S. households living paycheck to paycheck since 2019 is up across all income brackets, according to a new study by the Bank of America Institute.

Donald Trump's call for sweeping tariffs is resonating, as protectionism gains steam in the US.

Some American retirees will receive an extra Social Security payment in November due to a scheduling quirk involving the payment schedule of SSI payments to beneficiaries.

The New York Fed found that consumers' expectations about missed debt payments edged higher in September for the fourth consecutive month, as some may face increased budget pressures.

Since 1984, money market funds have typically seen larger inflows than equities or bonds in the 12 months following the Fed's first interest rate cut.

Kamala Harris’s campaign is pushing a version of the credit intended to fight child poverty, while Donald J. Trump sees the program primarily as a tax cut for people higher up the income scale.

Prices in segments of the U.S. economy, like some imported goods, consumer electronics and gasoline, have deflated since September 2023.

Investors are looking to the latest reading on CPI consumer inflation to set expectations for the path of interest rates.

The annual cost-of-living adjustment will increase monthly checks for millions of beneficiaries, including retirees and disabled workers.

Investors are looking to the latest reading on CPI consumer inflation to set expectations for the path of interest rates.

September's Consumer Price Index will serve as the latest test of whether inflation will continue to ease as the Federal Reserve debates its next interest rate decision.

Weekly jobless claims rose more than expected last week in a sign of cooling in the labor market.

September's Consumer Price Index will serve as the latest test of whether inflation will continue to ease as the Federal Reserve debates its next interest rate decision.

QI Research CEO and Chief Strategist Danielle DiMartino Booth discusses the impact of government intervention on small businesses.

New estimates from the Congressional Budget Office show continuing fiscal strain, despite steady economic growth.

The U.S. labor market grew at a faster rate than expected in September with notable gains in the food and beverage sector as well as health care, although manufacturing shed jobs.

Edward Jones CEO Penny Pennington breaks down the potential impact the U.S. election will have on markets during an appearance on ‘Cavuto: Coast to Coast.’

The International Longshoremen’s Association received a new wage offer and will halt its walkout at East and Gulf Coast ports, which began Tuesday.

JPMorgan Asset Management's Jack Manley outlines the investing differences between each generation. It turns out that each cohort is uniquely shaped by its coming-of-age market experience.

The autumnal scent has become a billion-dollar industry, from pumpkin spice lattes, to candles and even dog treats.

Morgan Stanley senior vice president of investments Jim Lacamp looks ahead to Q4, the presidential election, China's stimulus package and the August PCE data.

Inflation has been slowing for months, which has paved the way for Federal Reserve interest rates cuts.

(Bloomberg) -- One week before Federal Reserve officials gathered in Washington this month, they were split over how fast to lower interest rates.Most Read from BloombergNJ Transit, Amtrak Trains Delayed After Derailment Near NYCWhere Cargo Bikes Are Freeing Cities From Polluting VansExclusive Palo Alto Girls School Borrows $106 MillionEric Adams' Vanishing Promise to Fix NYC's 'Unfair' Property TaxesWaiting for the Miracle of Church-to-Housing DevelopmentThe economy wasn’t flashing the kind of

The looming strike by about 45,000 ILA dockworkers at ports on the East and Gulf coasts would affect a variety of products imported and exported at the 36 seaports at risk of stoppages.

Piper Sandler managing director and senior economist Jake Oubina analyzes the latest data emerging from the U.S. economy during an appearance on ‘Mornings with Maria.’

A pair of studies released this week indicate businesses of all sizes are eyeing inflation and the economy as their top priorities heading into the 2024 election.

JPMorgan Chase CEO Jamie Dimon once again cited global instability as a reason why inflation may not yet be under control, saying that geopolitics is 'getting worse.'

Consumer confidence tumbled in September as workers find it increasingly difficult to find a new job.

Consumer confidence tumbled in September as workers are finding it increasingly difficult to find a new job.

Wall Street has absorbed the Fed's message that a deep cut will prove positive for the economy.

Uncertainty in of itself can make consumers hold off on making any major buying decisions. A perfect example is the uncertainty over who wins the election this November.

LSEG director of consumer research Jharonne Martis discusses the cut in consumer spending as prices remain high on 'Making Money.'

Fitz-Gerald Group Chief Investment Officer Keith Fitz-Gerald discusses the Fed's highly anticipated rate decision and shares his top stock picks.

The former president left many key details about the overtime plan unaddressed, including whether the exception would apply to the payroll taxes that fund Social Security and Medicare.

Capitalist Pig hedge fund manager Jonathan Hoenig reacts to the August jobs report, explains how to 'play defense' in the market and breaks down the impact of the economy on the election.

Goya Foods CEO Bob Unanue criticized the Biden-Harris administration's inflationary policies, citing price increases on his company's own items as evidence.

U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week. The Labor Department said Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.2% from July to August. Excluding food and energy prices, which tend to fluctuate from month to month, so-called core wholesale prices moved up 0.3% from July and have risen 2.3% from August 2023.