Mises Wire offers contemporary news and opinion through the lens of Austrian economics and libertarian political economy. The ...

Last month, the Federal Reserve slashed interest rates by a supersized half point in a bid to maintain the job market’s strength, Chair Jerome Powell explained in a news conference after the ...

The federal government is sending $100 million in emergency relief to repair and reopen roads and bridges damaged by Hurricane Helene in Western North Carolina, the Federal Highway Administration ...

Former U.S. Treasury Secretary Larry Summers says September's better-than-expected jobs report shows the Federal Reserve's half-point rate cut was "a mistake." Following the Labor Department's ...

The problem is that none of this tallies with any of the other data. ISM, NFIB and the Fed's own Beige Book are not suggesting that hiring is anywhere close to this while the sharp falls in the quits ...

Leland Miller, China Beige Book CEO, joins 'Squawk Box' to discuss the state of China's economy, impact of Beijing's stimulus package, and more. Are you a true movie buff? See if you can identify ...

The US economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark interest rate and “over time” reach a level that is no longer holding ...

NEW YORK — One of Eric Adams’ dearest friends and fiercest defenders was subpoenaed by federal authorities and surrendered her phones to state authorities as the New York City mayor was ...

Inflation showed further signs of cooling on Friday as Wall Street starts to price in further interest rate cuts by the Federal Reserve. The personal consumption expenditures price index (PCE ...

WASHINGTON — The Federal Reserve’s preferred inflation measure on Friday provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate ...

With inflation finally waning and the employment landscape shifting, the Federal Reserve finally opted for a cut to its federal funds rate this month. According to forecasts, there could be more ...