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Inflation, earnings reports and the mood of consumers and the Federal Reserve fill out a busy week

NEW YORK (AP) — A key update on inflation and its impact on consumer confidence, economic growth and interest rate policy will fill a busy calendar this week al

Sources (1)· Oct 24, 8:01 AM

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WTOP· Oct 24, 8:01 AMInflation, earnings reports and the mood of consumers and the Federal Reserve fill out a busy week

The thread

Consumer Protection →

Before

Gutierrez: US Has Gone Too Far With TariffsCarlos Gutierrez, former Commerce Secretary and CEO of Kellogg and author of Sheer Will, says trade under the Trump administration has become all-encompassing and can be used as part of geopolitical and political negotiations beyond trade itself. Gutierrez says the US has gone too far with tariffs and that easing them could help reduce inflationary…

Bloomberg22h agoWhole story →

Trump uses DPA to give $150M for gas and diesel{beacon} Energy & Environment Energy & Environment The Big Story Trump uses DPA to give $150M for gas and diesel President Trump invoked the Defense Production Act on Thursday night, announcing that the government would be spending $150 million toward boosting domestic gas and diesel production as the White House looks to ease consumer...

The Hill22h agoWhole story →

Texas attorney general sues OpenAI for lying about ChatGPT safety and safeguardsTexas Attorney General Ken Paxton’s latest lawsuit against OpenAI and its CEO, Sam Altman, claims the company misled consumers about ChatGPT’s reliability, trustworthiness and safety, particularly for teenage users.

Courthouse News Service23h agoWhole story →

Paxton sues OpenAI, Altman for failing to warn Texans about ChatGPT's 'dangers'Texas Attorney General Ken Paxton (R) sued OpenAI and its CEO Sam Altman on Friday, accusing the company of failing to warn consumers about the potential dangers from its AI models. The lawsuit alleges the ChatGPT maker is running afoul of a Texas consumer protection law and kids' online safety law, underscoring warnings about the...

The Hill23h agoWhole story →

Senator accuses Trump Mobile of skipping FCC filings.Sen. Maggie Hassan wrote to Trump Mobile CEO Patrick O’Brien, accusing the company of missing mandatory filings around robocall prevention and international service provision. She also raised questions about security practices, following a third reported hack of the company, and whether the recent price hike will hit customers still waiting for their…

The Verge1d agoWhole story →

Since

WATCH: RFK Jr. Announces 'Made in the USA' Label to Help American Fishermen and Protect U.S. ConsumersU.S. fisherman will no longer be getting a raw deal when trying to compete against cheap and questionable seafood from international suppliers under a new initiative announced by Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. The post WATCH: RFK Jr. Announces ‘Made in the USA’ Label to Help American Fishermen and Protect U.S. Consumers…

Breitbart News Network5h agoWhole story →

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Federal Reserve rate hike reflects new world of sticky inflation and faster growthPresident Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than

Breitbart News Network1mo agoSources (2)Whole story →

Wall Street week ahead: Fed minutes, unemployment data, consumer sentiment updateWall Street has a busy week ahead with a mix of economic updates and details about the Federal Reserve’s decision to raise interest rates at its last meeting. The updates include fresh data on the health of the services sector, unemployment and consumer sentiment. Those reports can help give investors and economists more insight into how businesses and…

The Atlanta Journal-Constitution22d agoWhole story →

Wall Street week ahead: Federal Reserve decision on interest rates, retail sales updateThe Federal Reserve and its interest rate policy will be the main focus for Wall Street this week. The central bank will close out its two-day meeting on Wednesday, and it could raise its benchmark interest rate in an effort to tame stubbornly high inflation. Wall Street will also get an update Wednesday on U.S. retail sales for August. That could…

The Atlanta Journal-Constitution1mo agoWhole story →

Federal Reserve official says inflation persistence led her to support interest rate hikeWASHINGTON (AP) — A top Federal Reserve official said Monday that stubbornly high inflation and the renewal of combat in the Middle East in August were key

EUROPE SAYS1mo agoWhole story →

Trump Faces Interest Rate Humiliation After Grim Inflation ReportThe president has been demanding interest rate cuts. Now the Federal Reserve is being pressured to raise them.

The Daily Beast1mo agoWhole story →

US inflation rises less than expected in August; consumer spending surgesU.S. inflation increased less than expected in August, which could see financial markets further reduce the odds of another interest rate increase from the Federal Reserve next month.

Reuters24d agoWhole story →

Did the Fed raise its interest rate?Federal Reserve voted to increase its benchmark federal funds rate. How will Fed rate hike impact mortgages? What is benchmark interest rate?

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Federal Reserve officials expect another rate hike will be needed this year, according to minutesWASHINGTON (AP) — Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, according to mi

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