Tag: economy

Well, that was quick. In just more than a week, US Federal Reserve Chair Jerome Powell has gone from expressing confidence that policy makers will be able to avoid pushing ...

Americans rushed to refinance their home loans during the pandemic as the US Federal Reserve lowered interest rates to near zero. Now that the central bank is rolling back its ...

As the economy reopens, due to the decreasing number of Covid-19 cases, more and more companies are thinking about bringing workers back to the office. A Microsoft study reveals that 50% of ...

As we write this, it’s impossible to find a place in America where the average price of gas is under $3.75. That’s what you’re paying if you live in Arkansas. ...

Here we go again. Markets tumbled Thursday, with the Dow Jones Industrial Average DJIA, -3.12%, the S&P 500 SPX, -3.56% and the Nasdaq Composite COMP, -4.99% all shedding Wednesday’s gains. ...

The U.S. economy will probably fall into a recession as the Federal Reserve combats multidecade-high inflation, Randal Quarles, the Fed’s former vice chair for supervision, said.“Given the intensity of inflation, ...

The US Federal Reserve has fully pivoted to fighting inflation and reducing demand in the economy. The central bank’s open market committee is expected to further tighten interest rates and ...

Wall Street's major banks and asset managers were cautious about the economy as they detailed how both consumers and institutional clients were struggling to deal with sky-high inflation and looming ...

The U.S. spent more on its pandemic relief efforts than other nations. The results have been higher inflation — but also a much more rapid recovery.

As Americans continue to deal with rising inflation, on Tuesday the spread between 2-year and 10-year Treasury yields inverted, signaling the U.S. economy may be headed for a recession. This ...