Christopher Rugaber –

President Donald Trump on stage at the Andrew W. Mellon Auditorium, Tuesday, Sept. 29, 2026, in Washington. (AP Photo/Alex Brandon)

President Trump says top tech firms have signed accord to ‘self-police’ AI development

September 29, 2026 at 3:32 p.m.

President Donald Trump on Tuesday promised the government wouldn’t limit the development of artificial intelligence, even as top executives of AI firms that have called for delays convene in Washington.

FILE – Austan Goolsbee, left, then-Council of Economic Advisers Chairman under President Barack Obama, testifies on Capitol Hill in Washingto, Feb. 28, 2013. (AP Photo/J. Scott Applewhite, File)

Federal Reserve official says fighting inflation likely to be ‘painful’

September 21, 2026 at 10:57 a.m.

Austan Goolsbee, president of the Federal Reserve Bank of Chicago, said in a speech in London that the Fed is facing a series of persistent supply shocks that have driven...

Federal Reserve Board Chairman Kevin Warsh speaks during a news conference at the Federal Reserve in Washington, Wednesday, Sept. 16, 2026. (AP Photo/Mark Schiefelbein)

Federal Reserve rate hike reflects new world of sticky inflation and faster growth

September 20, 2026 at 9:05 a.m.

President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it...

Shoppers pass through the bakery section at a Target store, Thursday, Aug. 13, 2026, in Woodbury, Minn. (AP Photo/Ellen Schmidt)

US inflation accelerated last month as gas prices spiked, squeezing Americans’ finances

September 11, 2026 at 1:18 p.m.

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...

Federal Reserve Chairman Kevin Warsh speaks during a news conference following the Federal Open Market Committee meeting, Wednesday, June 17, 2025, in Washington. (AP Photo/Rod Lamkey, Jr.)

Kevin Warsh to say Fed has ‘no tolerance’ for high inflation but provides no hints on next move

July 14, 2026 at 8:46 a.m.

Federal Reserve Chair Kevin Warsh said in written testimony Tuesday the Fed will make high inflation “a thing of the past,” yet provided no signal about the central bank’s next...

Federal Reserve Chair Kevin Warsh emphasizes political independence, signals focus on inflation

July 1, 2026 at 1:10 p.m.

New Federal Reserve Chair Kevin Warsh said Wednesday that the central bank would remain independent and seek to bring down inflation, likely foreclosing the rate cuts President Donald Trump has...

Jodie Yanek and Edwin Friend compare prices on turkey and ham while shopping for Thanksgiving at a nearby grocery store, Nov. 24, 2025. (E. Jason Wambsgans/baiduhai)

Consumer confidence ticks up as gas prices fall but Americans remain gloomy about the economy

June 30, 2026 at 12:55 p.m.

Americans’ attitudes toward the economy improved slightly this month as gas prices declined, but their outlook is still mostly negative by historical standards.

FILE – A customer readies to pump gas at this Ridgeland, Miss., Costco, Tuesday, May 24, 2022. s. (AP Photo/Rogelio V. Solis, File)

Key inflation gauge jumps to 3-year high in latest sign of affordability challenges

June 25, 2026 at 5:07 p.m.

The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems for President Trump as...

Federal Reserve Chair Kevin Warsh’s press conference appears on screens on the floor of the New York Stock Exchange, Wednesday, June 17, 2026. (AP Photo/Richard Drew)

A quieter Federal Reserve could mean volatile markets, higher rates

June 20, 2026 at 1:22 p.m.

In his first press conference Wednesday, new chair Kevin Warsh began to reverse some of the Federal Reserve's communications.

Federal Reserve keeps rate unchanged, but nearly half of policymakers would support hike this year

June 17, 2026 at 3:41 p.m.

The Federal Reserve kept its key rate unchanged Wednesday yet almost half the central bank’s policymakers said they could support a rate hike later this year.

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