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(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank must gain more insight on proposed policy changes on issues like trade and immigration before adjusting interest rates.Most Read from BloombergWhy American Mobility Ground to a HaltSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank Says“My view is until we have more clar

(Bloomberg) -- Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial progress toward taming inflation, there is still more work to do.Most Read from BloombergWhy American Mobility Ground to a HaltSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank SaysThe Forgotten French Architect Who Rebuilt

If you’re a small carrier, you’re likely wondering what happened to the shift in the market — the key word here is gradual. While many of the signals point to a tightening freight market, the reality is that the road back to a balanced supply-and-demand cycle is moving at a slow crawl rather than a […] The post Small carrier market update: The freight market’s slow, steady climb toward tightening appeared first on FreightWaves.

Hotter-than-anticipated inflation data saw bitcoin (BTCUSD) briefly dip below $95,000 as investors' hopes of a rate cut by the Federal Reserve at its March meeting dimmed further.

Last month, inflation in the U.S. spiked by 3%, revealing that prices for everyday goods and services are continuing to rise.

Kraft Heinz shares fell Wednesday as the food giant reported fourth-quarter sales and issued 2025 guidance that missed analysts' estimates.

Some big tech shares were holding up Wednesday afternoon as inflation data and questions about the path ahead for interest rates weighed on U.S. stocks.