Lawmakers, CEOs Praise $1,000 401(k) ‘Trump Accounts' for Babies in Tax Bill

Published on June 12, 2025

Trump staged an event Monday to promote the tax-deferred investment accounts for newborns.

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Z1: 2025:Q1 data now available for the Financial Accounts of the United States

June 12, 2025
This release incorporates revisions, structural changes, and enhancements. Major changes are described in the "Release Highlights" section of the publication and are also in the online Financial Accounts Guide at www.federalreserve.gov/apps/fof/. The file structure of the Z.1 release consists of a single Z.1 PDF, corresponding HTML tables, and a single set of compressed CSV files with accompanying

Producer Price Index: Wholesale Inflation Cooler Than Expected in May

June 12, 2025
Wholesale inflation heated up in May but was still cooler than anticipated. The producer price index for final demand was up 0.1% month-over-month after falling 0.2% in April. This was lower than the expected 0.2% growth.