Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
Inflation showed little signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that price pressures remain elevated.The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, the...
Biden’s capital gains tax proposal could crush the economy, experts say
President Biden's latest proposal to hike the top capital gains tax rate to its highest level in more than a century is facing heavy criticism from experts who warn such an action could significantly harm the U.S. economy.According to a report issued...