Tag: economy

Federal Reserve Chairman Jerome Powell says that it is “very premature” to think about pausing rate hikes. “We have a ways to go,” he stressed. However, economist Peter Schiff warned ...

This is a crucial week for Wall Street. Four of the five largest companies in the world, in terms of market value, publish their results for the third quarter.Apple  (AAPL) , ...

White House economic adviser Cecilia Rouse said on Sunday that Federal Reserve interest rate hikes

Topline The Federal Reserve's interest rate hikes further tanked the housing and stock markets this week, but signs that the job market may not be cooling quickly enough could mean ...

The personal savings of Americans have plummeted from their stimulus-fed peaks during the pandemic—just when the money could have come in handy, as the US faces a combination of high ...

Covid-19 revealed the limits of the U.S. economy and the ways it wasn’t as dynamic as many had thought. For years, the U.S. has struggled to build new things, from ...

Topline A 99-day streak of declining gas prices in the U.S. came to an end Wednesday, according to AAA, with the average price for a gallon of regular gasoline rising ...

There’s nothing positive about the word “negative.” So perhaps it was always going to be

The August 2022 consumer price index (CPI) print was released on Sept. 13, 2022, and it came in at 8.3% year-over-year growth, and shocking all of the talking heads who ...

Americans are starting to feel more optimistic about the economy, despite recession talk and climbing interest rates.Several sentiment indicators show consumers’ mood is clearly brightening. Why? The answer can probably ...