Gretchen Morgenson
Fed minutes show tariff inflation fears outweighed jobs market in July rate decision
The minutes of the Federal Reserve's July meeting released on Wednesday showed that policymakers were more concerned about the risk of…
United and Delta face lawsuits over windowless window seats sold to passengers for extra fees
United Airlines and Delta Air Lines are accused of charging passengers for windowless window seats where they were seated next…
Betting markets show Mamdani maintains a big lead in NYC mayoral race
New York State Assemblyman Zohran Mamdani is holding on to a sizeable lead in the New York City mayoral race, prediction…
CVS Caremark ordered to pay $290M after Medicare fraud scheme exposed by former Aetna whistleblower
A federal judge has ordered CVS Health’s pharmacy benefit manager, Caremark, to pay nearly $290 million after a whistleblower accused…
Major retailer says 'no' to California, pulls zero punches outlining economic 'reality'
Bed Bath & Beyond’s Executive Chairman Marcus Lemonis announced on Wednesday that the company won't open or operate retail stores…
McDonald's to slash combo meal prices to win back budget-conscious shoppers
McDonald's franchisees will cut the cost of combo meals to revive the chain’s image as an affordable option at a…
Trump calls for Fed governor's resignation as ally requests DOJ probe
President Donald Trump on Wednesday called for the resignation of a Federal Reserve governor after one of his allies submitted…
Trump hits Federal Reserve Chair Powell over housing industry in latest attack, blasting mortgage rates
President Donald Trump this week launched twin attacks on social media against Federal Reserve Chair Jerome Powell and Federal Reserve…
Target names new CEO as retailer fights to reverse sales slump
Target announced on Wednesday that Chief Operating Officer Michael Fiddelke will become its next CEO as the embattled retailer pushes…
Powell faces economic crossroads in Jackson Hole speech as Fed chair tenure nears end
Federal Reserve Chair Jerome Powell will deliver a keynote address at the annual Jackson Hole event on Friday at a crucial…
