Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight

The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown clear signs of slowing.

Larry Edelman | Trendlines

The Fed is ready to cut rates. Is it too late to prevent a recession?

Central bankers are shifting their priority from fighting inflation to supporting the job market. A 'soft landing' for the economy is the goal.

Will the Federal Reserve cut interest rates fast enough to deliver a ‘soft landing’?

The Fed is poised to announce this week that it’s cutting its key interest rate from a two-decade peak.

Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing

Taken as a whole, last month’s wholesale price figures suggest that inflation is moving back toward the Fed’s 2 percent target level.

Larry Edelman | Trendlines

After victory in the House, can Wu sell the Senate on her contentious property tax plan? Opponents fear she will.

In response, critics are circulating a 2004 state report that they hope will convince senators that Wu’s proposal is a bad idea.

Mass. has the highest incomes of any state in the US, new Census data show

The median household here took home nearly $100,000 last year, yet the gap between the state’s richest and poorest remained pronounced.

US inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates

The Labor Department's report showed that consumer prices rose 2.5 percent in August from a year earlier, the fifth straight annual drop.