If Fed officials pencil in, at their meeting next week, three quarter-point rate reductions for 2024, they will set the stage for a cut in June.

The value of exports edged up 0.1%, but imports rose 1.1%, led by capital goods and motor vehicles.

"This is yet another attempt to advance an agenda without statutory authority."

Sen. Bernie Sanders released a report focused on problems facing the American retirement system, as advocates of defined-benefit plans squared off with proponents of defined-contribution plans.