Industrial production increased 0.7% in January from the previous month, the Federal Reserve reported. The January figure was up 2.3% from a year prior. Manufacturing rose 0.6% in January, mining fell 0.2% and utility output increased 2.1%.
The survey found that nearly one-quarter of respondents reported losing money to scams within the past three years. The median amount lost to fraud was $250.
In their most recent meeting, a majority of Federal Open Market Committee participants cautioned that progress toward the Federal Reserve’s 2% objective might be “slower and more uneven than generally expected” and that the risk of inflation running...
New orders for manufactured durable goods decreased $4.6 billion or 1.4% in December 2025 to $319.6 billion, the U.S. Census Bureau said in its most recent advance report.
Housing starts in December 2025 increased to a seasonally adjusted annual rate of 1.404 million, according to the U.S. Department of Commerce.
The Treasury Department announced it will soon release six resources to enable “secure and resilient” artificial intelligence across the U.S. financial system.
Since 2011, the CFPB has cost consumers between $237-$369 billion as financial institutions were forced to pass on their increased compliance and liability expenses to customers, the White House Council of Economic Advisers said in a new report.
