Tag: Inflation
The ‘Great Housing Reset’ is coming: Income growth will outpace home-price growth in 2026, Redfin forecasts | Fortune
Homebuyers may experience a reprieve in 2026 as price normalization and an increase in home sales over the next year will take some pressure...
Longtime Trump advisor Kevin Hassett emerges as favorite for Fed chair, Bloomberg reports | Fortune
Treasury Secretary Scott Bessent said Tuesday that there’s a “very good chance” that President Donald Trump will name a new Fed chair by Christmas—and...
Trump promises to send $2,000 tariff dividend checks ‘probably the middle of next year, a little bit later than that’ | Fortune
President Donald Trump promised on Monday that his administration will begin issuing $2,000 “tariff dividend” checks to Americans around the middle of 2026, the...
If you think beef is expensive now, just wait until next year when prices could soar nearly 60% | Fortune
Beef prices have been giving Americans sticker shock at grocery stores lately, and they are poised to reach even more stomach-churning levels next year,...
Dow futures rally as Trump softens tone on trade war again while first tech earnings and inflation report loom | Fortune
U.S. stock futures pointed higher on Sunday evening as Wall Street looks ahead to a big week for the U.S.-China trade war, corporate earnings,...
Trump’s tariff revenue checks could create a ‘weird feedback loop’ that encourages more price hikes, analyst says | Fortune
Checks made out to Americans to the tune of $1,000-$2,000 may be on the horizon, President Donald Trump said recently in an interview with...
Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’ on Americans | Fortune
For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him.
Inflation has come down a lot from 9% in...
What oil CEOs really think about Trump’s management of the oil sector: ‘Those who can are running for the exits’ | Fortune
Oil companies may have President Donald Trump cheering them on from the bully pulpit. But in the oil patch, the mood is anything but...
Jerome Powell on signs of an AI bubble and an economy leaning too hard on the rich: ‘Unusually large amounts of economic activity’ | Fortune
For months, Wall Street commentators have fretted that the artificial intelligence boom looks like a bubble, with capital spending – which some analysts estimate...
Amid weak hiring and White House attacks, the Fed lowers rates—its first move in 2025 and a test of Powell’s independence | Fortune
The Federal Reserve lowered interest rates by a quarter of a percentage point on Wednesday, delivering the long-awaited cut which Powell hinted at last...
