Analysis: What a Fed rate hike would mean for the U.S. economy and inflationFederal Reserve officials have signaled they’re prepared to raise interest rates if inflation doesn’t improve soon, but they may find their main policy tool will do little to restrain some of the forces pushing up prices now. The consumer price index report due Friday is poised to determine whether policymakers will lift rates next week, with officials…Spokane Spokesman-Review25d agoWhole story →CommerceEconomyfed rate hike decision
'Be very cautious': Baltimore leaders advance bill targeting illegal smoke shopsA City Council committee voted Thursday to advance legislation that would strengthen the Baltimore Police Department’s authority to padlock smoke shops.Baltimore News25d agoWhole story →CommerceJusticebaltimore smoke shop legislation
California Football Mom Charged With Stealing $400K From High School Team's NonprofitA California football mom accused of siphoning over $400,000 from a nonprofit created to support a high school football team has been arrested and charged ... and federal prosecutors say she used the money to pay her mortgage and credit card bills.TMZ25d agoWhole story →CommerceBuildfootball mom fraud arrest
How To Pay Off Summer Vacation DebtWhen you can't pay off your summer vacation credit card bill, here are the financial products to help you avoid staying in debt for too long.CNBC25d agoWhole story →CommerceEconomy
How a subscription-based fake coupon service quietly drained $17M from retailers across the U.S.She ran a secret fake coupon subscription ring for 4 years. A federal judge just sent her to prison.NJ.com25d agoWhole story →CommerceJusticecounterfeit coupon scheme sentencing
US CPI, where the significant and the silly collideIs it too cliched to say that the next U.S. inflation report will be the most important since the last one? Maybe, but the consumer price index (CPI) data for August is shaping up to have a hugely significant bearing on Federal Reserve policy, potentially sealing the case for an interest rate rise next week and the resumption of a monetary tightening cycle.Reuters26d agoWhole story →CommerceEconomyfederal reserve policy meeting
