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A quieter Federal Reserve could mean volatile markets, higher rates

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WASHINGTON — The Federal Reserve has for decades moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent institution willing to explain how it makes decisions and what it thinks about the economy. But in his first press conference Wednesday, new chair Kevin Warsh … Read more

Trump has a new, surprising take on the higher cost of living: ‘I love the inflation’

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WASHINGTON — President Donald Trump on Wednesday showed how he had learned to stop worrying about inflation and simply, in his own words, “love” it. Asked about the new report that the consumer price index in May had jumped 4.2% over the last year, the president took a surprisingly optimistic tack with the challenging news. … Read more

May inflation is expected to have jumped as the Iran war sent prices higher

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Inflation is likely to have increased for a third straight month in May as the war with Iran sent energy prices higher and ratcheted up pressure on U.S. consumers. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The Bureau of Labor Statistics’ Consumer Price Index for last month … Read more

Fox News Poll: Faith in higher education in the US is collapsing

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NEWYou can now listen to Fox News articles! Attitudes toward higher education have shifted dramatically in the last two decades, as the latest Fox News poll shows voters far less inclined to believe a college degree is still worth pursuing. In 2006, 65% thought a student with $100,000 should use it for college tuition rather … Read more

Asian shares are mostly higher, tracking Wall Street’s fresh records, and oil prices fall

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Asian shares were mostly higher on Wednesday and oil prices fell after the U.S. stock market rose to more records. South Korea’s Kospi jumped nearly 5% and Taiwan’s benchmark also surged as the boom in artificial intelligence drove heavy buying of computer chipmakers and other technology companies. In Tokyo, the Nikkei 225 also was lifted … Read more

Flexible Learning Models Are Reshaping Modern Higher Education

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Higher education is beginning to reflect the same changes transforming modern workplaces. Teams now collaborate across time zones, communication happens through digital platforms, and professionals are expected to update their skills continuously rather than rely on a single degree earned years earlier. As industries evolve faster, universities are adapting alongside them, rethinking not only how … Read more

Eroding ACA enrollment portends higher insurance rates

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Enrollment in the Affordable Care Act continues to erode as some customers struggle to make premium payments, with the declining numbers churning market uncertainty for insurers. In response, insurers are likely to raise rates again next year, following this year’s larger-than-typical hikes. Sign-ups were already down in January by about 1.2 million from last year’s … Read more

Trump escalates Iran threats as poll shows Americans feel stressed about higher prices

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Trump escalates Iran threats as poll shows Americans feel stressed about higher prices – CBS News Watch CBS News Recent CBS News polling data shows Americans are feeling the strain of higher prices as the Iran war continues to impact oil and gas costs. CBS News’ Olivia Rinaldi reports. Source link