G7 finance leaders lay out guidelines for central bank digital currencies
Group of Seven advanced economies said on Wednesday that any digital currency issued by a central bank must "support and do no harm" to the bank's ability to fulfill its mandate on monetary and financial stability, and must also meet rigorous standards.
Los Angeles councilman, former USC dean charged in alleged corruption scheme
A Los Angeles Councilman and a former dean at the University of Southern California were indicted Wednesday on federal corruption charges connected to a bribery scheme, authorities said.
Fed worried about inflation risk as it firmed up tapering plan
Federal Reserve officials last month worried that disrupted supply chains were raising the risks of more persistent inflation.
Kudlow: Biden should thank companies, not snark at them
Larry Kudlow reports on labor shortages as the global supply chain nightmare continues.
Supply chain shortages to 'wreak havoc' for retailers over holiday season: Luschini
Mark Luschini joins 'Mornings with Maria' to weigh in on supply chain issues, the decline in consumption and recent big bank earnings.
Why isn't JPMorgan's Dimon fearful of inflation?
Odeon Capital Group chief financial strategist Dick Bove comments on JPMorgan earnings and the threat of inflation.
Accelerating Inflation Spreads Through the Economy
U.S. inflation accelerated last month and remained at its highest rate in over a decade, with price increases from pandemic-related labor and materials shortages rippling through the economy.
Millions of Americans cut off from unemployment benefits still won't return to work by year's end: analysis
Despite improving conditions and 1.3 million jobs being added to the market by the end of 2021, many Americans will still be out of work, according to a Goldman Sachs analysis.
US household winter heating costs to see double-digit growth: EIA
The EIA forecasts that heating oil costs will rise by 43% compared to last year, while propane, natural gas and electricity costs will jump 54%, 30% and 6%, respectively.
Billionaire supermarket owner breaks down why higher oil prices leads to price hikes for food
John Catsimatidis, the billionaire owner and CEO of New York City supermarket chain Gristedes, argues higher prices will stick around until at least the middle of next year.
Price of coffee will deteriorate over time: Fmr. McDonald's USA CEO
Former McDonald's USA CEO Ed Rensi discusses how the weather in Brazil has significantly impacted the coffee industry.
Huge Social Security cost-of-living increase could accelerate trust's depletion
Social Security recipients in 2022 are in line to receive the big payment increase in nearly four decades, reflecting a pandemic-drive inflation surge – but the boost could ultimately deplete the fund a year earlier than expected.
Billionaire supermarket owner on inflation, higher prices at pump
Gristedes Foods CEO John Catsimatidis discusses his outlook for gas prices and why inflation and supply chain issues are increasing the price of everyday goods for Americans.
Social Security payments to jump most in 39 years as inflation surges
Millions of retirees and other Americans receiving Social Security benefits in 2022 are set to receive the biggest payment increase in four decades, following a pandemic-driven inflation spike.
Jayapal hits Pelosi over comments on shrinking reconciliation bill in fundraising email
House Progressive Caucus Chair Pramila Jayapal hit House Speaker Nancy Pelosi in a Tuesday fundraising email.
Americans 'mad' and ‘panicked about inflation’: Sen. Roger Marshall
Kansas Sen. Roger Marshall argued inflation is a top issue on the minds of Americans.
Ilhan Omar, AOC, other progressive lawmakers press Biden to release student loan forgiveness memo
Progressive Democrats are urging the Department of Education to release a memo about the president's authority to enact a widespread federal student loan discharge.
IRS bank monitoring proposal an 'invasion of privacy': Rep. Davidson
Rep. Warren Davidson, R-Ohio, argues a bill proposal that would allow the IRS to monitor bank accounts with at least $600 transactions is 'huge' government overreach.
Walgreens closing 5 more San Francisco stores due to theft
Walgreens is closing an additional five stores in San Francisco, citing retail theft that has been plaguing California retailers.
Kudlow: Let's put America back to work
Larry Kudlow reports on labor shortages as the global supply chain nightmare prolongs.