New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he is confident it will start decelerating later this year. With markets on edge over the direction of monetary policy, Williams offered no clear indication of his position on possible interest rate cuts. Instead,…
Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods — it’s because they’re…
Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its seat belt warning system that…
U.S. consumers and businesses alike have turned cautious about spending this year because of elevated inflation and interest rates,…
Nissan has issued a ‘do not drive’ warning for about 84,000 older-model vehicles because they carry recalled Takata-made airbags.…
A top McDonald’s executive is weighing in on claims that the company has jacked up its prices. Joe Erlinger, president of…
The Internal Revenue Service announced Thursday that its experimental Direct File free tax-filing option for simplified tax returns would…
Orange juice prices have climbed to fresh all-time highs amid persistent supply constraints, pushing the industry into crisis mode and…
WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream…