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Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may have to raise interest rates soon to bring it down.

The U.S. Justice Department said it had seized domains used by two hacking platforms it alleges had been used in the campaign, which also targeted the U.S. Federal Reserve.

The U.S. Federal Reserve kept its key rate unchanged Wednesday yet almost half the central bank’s policymakers said they could support a rate hike later this year.

U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges among American voters.

The U.S. labor force — the number of people working or looking for work — jumped by 683,000 last month after falling in June and July.

U.S. inflation slowed last month and a measure of underlying price pressures also cooled, as higher oil and gas prices had a limited impact on broader costs in the economy.

Experts say a sharp rise in U.S. bond yields this week was a major warning sign about inflation, interest rates and economic uncertainty.

Rising gas prices pushed inflation to a three-year high last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration.

Bessent said the yen's substantial undervaluation could trigger other economic problems or competitive devaluations of other currencies "which is unhealthy."

U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June.

The Fed’s rate-setting committee reached its decision after two days of deliberations, marking the fifth straight meeting at which the benchmark rate was kept at around 3.6%.

U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also cooled.

Trump said he wanted Warsh to be 'fully independent' in his new role, but also urged him to recognize that 'growth does not mean inflation.'

The U.S. stock market is drifting in mixed trading Wednesday, while oil prices climb another 3 per cent as fighting continues in the war with Iran.

Alberta's premier is taking a hands-off approach to a Saddle Lake Cree Nation defying the government by announcing it will offer a safe haven for gender-affirming medical care.

Acting President Delcy Rodríguez's government in a statement said the deal involves the development of 17 fields with a proven potential of 65 billion barrels.

U.S. employers pulled back on hiring last month and added only 57,000 jobs, less than half the previous month’s total and a sign companies still have a cautious economic outlook.

The clock is about to start on an attempt to force a vote on the Downtown Event and Entertainment District. Efforts to press for a referendum officially launched Tuesday.

Every year, the Heppell family grows roughly 50 million servings of potatoes and other crops on a 220-acre parcel near 192nd Street and 36th Avenue.

Bill 11 allows physicians to work in both the public and private systems, including providing paid services while continuing to work in the public system.