Consumer spending slows sharply as inflation hits home
admin The numbers: Americans increased spending in May by just 0.2% — the smallest increase in…
Read Morearticle_normal
Jobless claims inch lower in latest week
The numbers: Initial jobless claims fell 2,000 to 231,000 in the week ended June 25,…
Read MoreNeed to Know: Bond yields dip after data, as stock-market losses ease marginally
Need to Know: Bond yields dip after data, as stock-market losses ease marginally
Read MoreRaging U.S. inflation is starting to cool, key price gauge signals
The numbers: A key gauge of U.S. inflation rose 0.6% in May largely due to…
Read MoreOil lower on rising gasoline, distillate supplies
Oil futures traded lower early Thursday as investors focused on storage data released a day…
Read MoreWho is Ketanji Brown Jackson, the first Black woman to join the Supreme Court?
Judge Ketanji Brown Jackson will be sworn in on Thursday as the Supreme Court’s first…
Read MoreComing up: PCE inflation and consumer spending
The PCE inflation gauge preferred by the Federal Reserve is forecast to rise 0.7% in…
Read MoreWhy investors should brace for recession now if they haven’t already, according to a top research shop
As the second quarter draws to a close, fears that the U.S. might already be…
Read MoreBond yields slide ahead of crucial U.S. data
Bond yields softened on Thursday as a risk averse tone across markets encouraged buying of…
Read MoreJuly 4 forecast: Inflation is raising the cost of summer BBQs by 17% to $70
If you’re planning a Fourth of July barbecue, be prepared to dig deeper into your…
Read More