Chicago PMI falls sharply in September to lowest level in more than two years
admin The Chicago Business Barometer, also known as the Chicago PMI, dropped sharply to 45.7 in…
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EU-area inflation hits 10%, as electricity, natural gas prices soar
FRANKFURT, Germany (AP) — Inflation in the European countries using the euro currency has broken…
Read MoreCheaper gas holds down inflation, PCE shows, but the cost of everything else is still going up fast
The numbers: A key gauge of U.S. inflation rose a mild 0.3% in August, as…
Read MoreConsumer spending barely rose last month after factoring in high inflation
The numbers: Consumer spending rose a modest 0.4% in August, as Americans appeared to pocket…
Read MoreHousing still has ‘a lot of wiggle room’ in a recession, even with mortgage rates near a 20-year high, according to this investor
Mortgage rates that briefly touched a 20-year high this week aren’t likely to crash this…
Read MoreCheaper gas holds down inflation, PCE shows, but the cost of everything else is still going up fast
The numbers: A key gauge of U.S. inflation rose a mild 0.3% in August, as…
Read MoreShort U.S. stocks and short-term Treasurys until Halloween, Bank of America strategist says
Short U.S. stocks as well as short-term bonds until Halloween, a Bank of America strategist…
Read MoreDow futures rise 200 points as another rough quarter concludes
U.S. stock futures on Friday were pointing to a positive end to another difficult quarter,…
Read MoreEurozone unemployment rate stabilized in August
The eurozone unemployment rate stabilized in August, a sign of a resilient labor market even…
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Opinion: Reverse mortgages are mostly misunderstood — they can offer seniors a lifeline as markets sink
If they own stocks or bonds, they might not want to sell with both markets…
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