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Federal Reserve Bank of Chicago President Austan Goolsbee says he is more concerned about inflation amid a "steady" job market. Speaking with Mike McKee on "Bloomberg Open Interest," Goolsbee also comments on what the tariff ruling could mean for inflation and Fed Chair Jerome Powell possibly staying on the central bank's board.
Research group The Conference Board said its consumer confidence index rose to 91.2 from an upwardly revised 89 in January. Economists polled by The Wall Street Journal had expected a reading of 86.8.
While not ecstatic about the outlook, consumers are more upbeat about the economy than it appeared last month, the Conference Board said Tuesday.
SUMMARY Rate moves on hold, as labor market stabilizes and the upside risk to inflation has diminished. Leadership transition faces obstacles due to DOJ subpoenas.
On Friday, President Trump announced his pick for FOMC chair after a closely watched series of interviews with candidates.
Global investors appear to be shrugging off President Donald Trump's new global tariffs. Trump announced that a new, blanket 15% global levy would be applied to imports after the Supreme Court struck down his country-specific tariffs.
Chinese dronemaker DJI said Tuesday it has filed suit challenging the Federal Communications Commission decision to bar imports of all of its new models and critical components including from China's DJI and Autel.
U.S. home-price growth slowed to its lowest annual level in over a decade as mortgage rates and inflation continued to weigh on home buyers.
Federal Reserve Governor Christopher Waller said Tuesday the U.S. central bank is carefully moving to adopt artificial intelligence technology in a system-wide approach.
The Supreme Court of the United States (SCOTUS) ruled against the tariffs imposed by Trump under the International Emergency Economic Powers Act (IEEPA). Based on the financial world's initial reaction, the effects will be relatively minor.
Analysts expect these stocks to soar at least 46% over the next 12 months.
Vir Biotechnology lands a license agreement with Japan's Astellas Pharma for its lead drug candidate.
Recent risk-off sentiment is driven by AI disruption fears and renewed tariff uncertainty, pressuring software and financial stocks. AI's potential to displace white-collar jobs and impact sectors like delivery and payments is likely overstated in the near term.
As of Feb. 24, 2026, two stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
A solid consumer economy and steady labor market mean that the Fed should be primarily focused on addressing elevated inflation, Chicago Fed President Austan Goolsbee said.
Sen. Markwayne Mullin (R-Okla.) joins 'Squawk Box' to discuss President Trump's State of the Union address tonight, state of the economy, President Trump's economic agenda, SCOTUS tariff ruling, rising U.S.-Iran tensions, unrest in Mexico, and more.
Jason Furman, Harvard Kennedy School of Government professor and former CEA chairman, joins 'Squawk Box' to discuss the fallout from the SCOTUS ruling on President Trump's sweeping tariffs, impact on the economy, future of the Trump administration's tariff agenda, and more.
'Mad Money' host Jim Cramer recaps Citrini Research's new article, suggesting AI disruption could collapse the middle class.
Chicago Federal Reserve President Austan Goolsbee said Tuesday that interest rate cuts aren't appropriate until there's more evidence that inflation is on its way down. "People express that prices are one of their most pressing concerns.
Indicators are at extremes — stretched valuations are bearish for stocks.