Interest rates
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Business
Fed’s preferred inflation gauge was up 2.6% in May
A key inflation gauge used by the Fed to track inflation was up 2.6% last month — a fresh signal…
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Business
Home sales drop for third straight month as prices hit record high
Sales of previously occupied US homes fell in May for the third straight month as rising mortgage rates and record-high…
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Business
Dow soars nearly 600 points after inflation gauge closely watched by Fed reignites hope for fall rate cut
The Dow jumped nearly 600 points Friday as investors breathed a sigh of relief after the Federal Reserve’s preferred inflation…
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Opinion
Inflation rates show Biden is gaslighting Americans on the economy
Good news: Inflation eased a tiny bit in the latest Consumer Price Index numbers. Bad news: Most other indicators suggest…
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Business
US job growth slowed to 175K jobs in April
US employers increased their payrolls by 175,000 in April — a notable slowdown from the average 276,000 new jobs per…
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Business
Employee pay rose more than expected in sign of lasting inflation
US employee pay jumped more than expected in the first three months of this year — yet another sign that…
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Business
Fed’s preferred inflation gauge rose 2.8% in March
The Federal Reserve’s preferred measure of inflation showed prices once again rose at an unexpectedly brisk rate in March, marking…
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Business
US economy cools as GDP growth hits lowest level since 2022 , inflation remains sticky to send Dow spiraling
The US economy grew at its slowest pace in two years in the first quarter, while prices rose at a…
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Business
Jamie Dimon warns interest rates could soar above 8%
JPMorgan Chase chief Jamie Dimon warned that US interest rates could surge to more than 8% in the coming years…
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Business
Fed’s preferred inflation gauge rose 2.8% in February
A key measure of inflation showed prices remained stubbornly high in February – dampening hopes that the Federal Reserve could start…
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