Today: September 20, 2024
Today: September 20, 2024

Fed's Barkin says he's cautious about accuracy of recent economic data

FILE PHOTO: Federal Reserve Bank of Richmond President Thomas Barkin poses in Jackson Hole
April 26, 2024
Reuters

(Reuters) - Recent stronger-than-expected data on the U.S. economy may be partly due to the difficulty of making accurate seasonal adjustments around the beginning of a new year, Richmond Federal Reserve Bank President Thomas Barkin said on Thursday.

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The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move

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SEC rules Fox can skip vote on labeling TV opinion shows

Media company Fox can avoid a shareholder vote on a measure asking it to consider different labels for its news and opinion shows, the top U.S. securities regulator said.

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Gold breaks $2,600 barrier as Fed cut bets prolong historic run

Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest rate cuts, and rising tensions in the

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Facebook loses jurisdiction appeal in Kenyan court paving the way for moderators' case to proceed

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