4 years 10 months ago
Biden's decision to nominate Lael Brainard is thought to be the work of progressives, who say she'll put emphasis on climate change and equitability.
4 years 10 months ago
Long-term market bull Jeremy Siegel warns the Federal Reserve will likely take a more aggressive approach to fighting inflation within weeks.
4 years 10 months ago
First-time claims for unemployment insurance were expected to total 260,000 for the week ended Nov. 13.
4 years 10 months ago
Mortgage rates moved higher again last week, causing a drop in refinance demand.
4 years 10 months ago
Inflation is confined to certain sectors and will not pose a threat to the recovery, according to Carl Weinberg, chief economist at High Frequency Economics.
4 years 10 months ago
Rents for single-family homes are soaring, as a pricey for-sale market keeps more potential buyers in rentals.
4 years 10 months ago
Retail sales rose 1.7% in October, both for all items and excluding autos. They both topped than estimates.
4 years 10 months ago
Builder sentiment rose to the highest level since May, as demand surges
4 years 10 months ago
"We are in this transition of central banks mischaracterizing inflation," Allianz's chief economic advisor, Mohamed El-Erian, said.
4 years 11 months ago
The report represents the latest attempt by the Republican party to highlight the risks of rising prices less than one year before the 2022 midterm elections.
4 years 11 months ago
Julian Howard expected that the Federal Reserve would probably only start raising interest rates in the second half of 2022.
4 years 11 months ago
Higher inflation has clouded consumer sentiment. The University of Michigan Consumer Sentiment Index slid to 66.8 for November – the lowest level in 10 years.
4 years 11 months ago
Plus, how long the pandemic-era quitting spree could last.
4 years 11 months ago
The IRS has announced higher federal income tax brackets and standard deductions for 2022 amid rising inflation.
4 years 11 months ago
Mortgage rates are now at the lowest level in nearly two months, and refinance demand is coming back.
4 years 11 months ago
Unable to halt inflation on his own, President Joe Biden is offering worried consumers sympathy and supply chain fixes.
4 years 11 months ago
Some traders and economists think inflation reflected in the consumer price index might have peaked in October.
4 years 11 months ago
October's surprising snap higher in consumer prices has sparked speculation the Federal Reserve could use raise interest rates sooner than expected.
4 years 11 months ago
The consumer price index surged 6.2% from a year ago in October, the most since December 1990.
4 years 11 months ago
Traders in the futures markets moved up their expectations for the first Federal Reserve interest rate hike to July, following a hot inflation report.
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17 minutes 16 seconds ago
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