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Gasoline prices are displayed outside a convenience store as a motorist drives by, Thursday, May 26, 2022, in Thornton, Colo. Experts are expecting a flush of travelers at airports and on the nation's byways during the long Memorial Day weekend, which marks the start of the summer travel season, in spite of high fuel costs. (AP Photo/David Zalubowski)

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Key inflation gauge slowed to still-high 6.3% over past year
By CHRISTOPHER RUGABER - AP Economics Writer
Fri,05/27/22-7:38AM , 232 Reads
An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, the first slowdown since November 2020 and a sign that high prices may finally be moderating, at least for now.
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Federal Reserve Board Chair Jerome Powell takes the oath of office for his second term, Monday, May 23, 2022, in Washington. (AP Photo/Patrick Semansky)

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Fed officials signal rates may head to 'restrictive' levels
By CHRISTOPHER RUGABER - AP Economics Writer
Wed,05/25/22-1:14PM , 226 Reads
WASHINGTON (AP) — Federal Reserve officials agreed when they met earlier this month that they may have to raise interest rates to levels that would weaken the economy as part of their drive to curb inflation, which is near a four
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In this May 4, 2021 file photo is the Federal Reserve in Washington. Americans' financial health reached its highest level in nearly a decade last year, the Federal Reserve said Monday, May 23, 2022 spurred by a strong job market and government support payments. (AP Photo/Patrick Semansky, File)

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For Americans, 2021 delivered healthiest finances in 8 years
By CHRISTOPHER RUGABER - AP Economics Writer
Mon,05/23/22-9:47AM , 474 Reads
WASHINGTON (AP) — Americans' financial health reached its highest level in nearly a decade last year, the Federal Reserve said Monday, spurred by a strong job market and government support payments.
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Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, May 4, 2022 in Washington. The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by an sizable half-percentage point. (AP Photo/Alex Brandon)

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Powell: Fed to keep hiking rates until it controls inflation
By CHRISTOPHER RUGABER - AP Economics Writer
Tue,05/17/22-2:13PM , 212 Reads
WASHINGTON (AP) — Chair Jerome Powell on Tuesday underscored the Federal Reserve's determination to keep raising interest rates until there is clear evidence inflation is steadily falling — a high-stakes effort that carries the risk of causing an eventual recession.
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February 26, 2026

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Today's Weather

Columbia, 39429, MS

Current Temp

65°F

Mostly Cloudy

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Sunrise: 6:21 AM
Sunset: 6:00 PM

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Mostly cloudy, with a low around 63. South southeast wind 0 to 5 mph.

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