U.S. Treasury Secretary Janet Yellen said Thursday labor market and inflation data suggest the U.S. economy is on a path to a “soft landing,” but the “last mile” on taming inflation is bringing down housing costs.[#item_full_content]
Wall Street Sinks on Powell Rate-Cut Caution, Trump Cabinet Picks
Wall Street’s main indexes closed lower Friday after Federal Reserve Chair Jerome Powell pointed to a slower pace of interest-rate cuts and investors reacted to