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Warsh offers no fresh signals on interest rates

Federal Reserve Chair Kevin Warsh declined Friday to predict central bank officials’ future course on interest rates, less than two weeks before they meet to discuss monetary policy. “I don’t prejudge meetings. I don’t believe in saying now what I might do at the meetings that we...

The Hill BusinessOct 16, 2026

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business

Major Economic Indicators Latest Numbers

Consumer Price Index (CPI): +0.6% in Sep 2026 News Release Historical Data Unemployment Rate: 4.2% in Sep 2026 News Release Historical Data Payroll Employment: +29,000(p) in Sep 2026 News Release Historical Data Average Hourly Earnings: +$0.05(p) in Sep 2026 News Release Historic...

BLS Latest NumbersOct 16, 2026

News

Producer prices see largest rise in four years: BLS

Producer prices rose by 1.3 percent from August to September, the largest jump in more than four years, according to data from the Bureau of Labor Statistics (BLS). September’s increase, as measured by the producer price index (PPI), is the largest since producer prices rose by 1...

The Hill BusinessOct 15, 2026

government

Lisa Cook's lawyers call Trump's investigation committee 'demonstrably biased'

Lawyers for Federal Reserve board of governors member Lisa Cook called President Trump’s investigation committee into her “demonstrably biased.” "A hearing with demonstrably biased members, unspecified additional allegations, and an unclear schedule for the disclosure of any addi...

The Hill BusinessOct 14, 2026

News

Hot inflation data puts Fed in complicated spot

Inflation data for September indicates price pressures are still weighing on the economy, putting Federal Reserve officials in a tricky position ahead of their decision on interest rates later this month. Annual inflation was 3.7 percent last month, as measured by the consumer pr...

The Hill BusinessOct 14, 2026

business

Trump adviser sees 'a whole bunch of good news' in inflation report

Kevin Hassett, the director of the National Economic Council (NEC), said Wednesday he sees a “bunch of good news” in the latest inflation report, which measured prices as up 3.7 percent year over year in September. Speaking to NewsNation’s Hannah Brandt at the White House, Hasset...

The Hill BusinessOct 14, 2026

News

Social Security COLA set to rise by 3.6 percent in 2027

Social Security benefits will increase by 3.6 percent in 2027, the Trump administration announced Wednesday. With the latest cost of living adjustment (COLA), Social Security retirement benefits will increase by $75 per month on average, according to the Social Security Administr...

The Hill BusinessOct 14, 2026