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inflation

Fed officials still expects rate cuts this year, but not anytime soon

by Walter Watson
Fed officials still expects rate cuts this year, but not anytime soon

Cleveland Federal Reserve President Loretta Mester said Tuesday she still expects interest rate cuts this year, but ruled out the next policy meeting in May. Mester also indicated that the …

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JetBlue’s new checked bag fees now depend on the day – Daily News

by Ron Morgan
JetBlue’s new checked bag fees now depend on the day – Daily News

By Jordan Valinsky | CNN JetBlue is proving that not even your baggage is safe from dynamic pricing, with the airline rolling out fees that vary depending on the day …

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Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys

by Anas Siddiqui
Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys

The Bank of Canada says business and consumer sentiment improved during the first quarter of the year, despite higher interest rates still putting a drag on the economy. The central …

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Japan’s finance minister says ‘speculative’ moves in currency market impacting yen

by Walter Watson
Japan’s finance minister says ‘speculative’ moves in currency market impacting yen

The yen has been on a downtrend despite the BOJ’s decision on March 19 to end eight years of negative interest rates. Natanael Ginting | Istock | Getty Images Japanese …

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Fed must cut rates more aggressively due to jobs: Canaccord Tony Dwyer

by Walter Watson
Fed must cut rates more aggressively due to jobs: Canaccord Tony Dwyer

The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will …

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4 Ways the Labor Market Is Changing Right Now

by Anas Siddiqui
4 Ways the Labor Market Is Changing Right Now

Opinions expressed by Entrepreneur contributors are their own. The worker shortages of the Covid-19 pandemic may be a thing of the past, but that doesn’t mean the labor market looks …

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Key Fed inflation gauge rose 2.8% annually as expected

by Walter Watson
Key Fed inflation gauge rose 2.8% annually as expected

Inflation rose in line with expectations in February, likely keeping the Federal Reserve on hold before it can start considering interest rate cuts, according to a measure the central bank …

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Proposal would change how California power bills are calculated, aiming to relieve summer spikes

by Vera Ward
Proposal would change how California power bills are calculated, aiming to relieve summer spikes

SACRAMENTO — It’s become a rite of summer in sunny California: When the temperature spikes, so do electricity bills, leaving some customers with monthly payments over $500. A big reason …

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Opinion | How to change the minds of people too busy to care about climate change

by Walter Watson
Opinion | How to change the minds of people too busy to care about climate change

It’s a reflection of our times. With attention spans shrinking and complexity increasing, people tend to focus on immediate, tangible problems. And it’s not confined to the younger demographic; this …

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Don’t sweat the prospect of no Fed rate cuts, economist says

by Walter Watson
Don’t sweat the prospect of no Fed rate cuts, economist says

Federal Reserve Bank Chair Jerome Powell speaks during a news conference at the bank’s William McChesney Martin building on March 20, 2024 in Washington, DC. Chip Somodevilla | Getty Images …

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