4 years 7 months ago
Fed Chairman Jerome Powell still sees rate hikes coming but noted that the Russia-Ukraine war has injected uncertainty into the outlook.
4 years 7 months ago
Companies added 475,000 positions for the month, better than the Dow Jones estimate for 400,000.
4 years 7 months ago
A key inflation measure showed that prices rose at their fastest level in nearly 39 years, the Commerce Department reported Friday.
4 years 7 months ago
Weekly jobless claims came in slightly less than expected last week and economic growth to end 2021 was slightly better than originally reported.
4 years 7 months ago
Fed officials won't be able to trade stocks and bonds — as well as cryptocurrencies — under new rules that became formal Friday.
4 years 7 months ago
While there are reasons to confirm Biden's Fed nominees, economists say concern that the central bank won't act to rein in inflation shouldn't be among them.
4 years 7 months ago
Sales of existing homes jumped far more than expected, even as supply hit another record low and prices rose significantly.
4 years 7 months ago
St. Louis Fed President James Bullard cautioned that without action on interest rates, inflation could become an even more serious problem.
4 years 7 months ago
Production delays for homebuilders are increasing costs and pricing out buyers. All that is weighing on builder sentiment.
4 years 7 months ago
Rising mortgage rates are crushing refinance demand, and higher home prices are causing purchase loan sizes to grow.
4 years 7 months ago
Bank of America's relationships with U.S. households, small businesses and corporations give Moynihan a unique view into the health of the economy.
4 years 7 months ago
Retail sales for the month rose 3.8% in January, much better than the 2.1% Dow Jones estimate.
4 years 7 months ago
A Republican boycott Tuesday held up a Senate committee vote on the appointment of a top banking regulator and Federal Reserve Chairman Jerome Powell.
4 years 8 months ago
More small business owners say they need to raise prices and don't expect inflation to decline, a signal that higher prices have overtaken Main Street.
4 years 8 months ago
St. Louis Fed President James Bullard made his case for a rapid move higher in rates, saying that the central bank needs to react to inflation.
4 years 8 months ago
The Federal Reserve should be measured in its path to raise interest rates, San Francisco Fed President Mary Daly said Sunday.
4 years 8 months ago
Atlanta Fed President Raphael Bostic told CNBC on Thursday after the inflation report, "My views have not changed."
4 years 8 months ago
Biden touted wages and forecasts for weaker price growth even after the consumer inflation report showed prices are rising at their fastest clip in 40 years.
4 years 8 months ago
Workers have seen their hourly pay jump at about the fastest clip in 15 years. But high annual inflation has eaten into those raises.
4 years 8 months ago
Many Americans are worried about rising prices and paying bills, a survey from eMoney Advisor finds. The results show over a third are not investing at all.
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16 minutes 10 seconds ago
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