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Jerome Powell · United StatesInflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a move that would stimulate markets and investment, but that could also push inflation higher. As tariff-induced inflation threatens to become the dominant narrative…See the Story
5 Things to Know About the Latest Inflation Report
55% Center coverage: 169 sources
US Politics · United StatesThe lights are on at the Consumer Financial Protection Bureau across the street from the White House, and employees still get paid. But in practice, the bureau has been mostly inoperable for nearly six months. CFPB employees say they essentially spend the workday sitting on their hands, forbidden from doing any work by directive from the White House.See the Story
Employees at the nation’s consumer financial watchdog say it’s become toothless under Trump
74% Center coverage: 69 sources
JP Morgan · United StatesJPMorgan Chase on Tuesday topped analysts’ second-quarter estimates on better-than-expected revenue from fixed income trading and investment banking.See the Story
JPMorgan Chase tops estimates on stronger-than-expected trading, investment banking
54% Center coverage: 61 sources
