Economic Report: Fed Beige Book finds rising inflation fears
admin The Federal Reserve said Wednesday that five of 12 district noted concerns over an increased…
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U.S. budget deficit in June sinks 49% to $89 billion
The numbers: The U.S. budget deficit shrank 49% to $89 billion in June from $174…
Read MoreJune CPI may boost your Social Security check in 2023 by this much
Social Security recipients may see cost-of-living adjustments to their checks next year like never before…
Read MoreIs the U.S. headed for a recession? 58% of Americans think we’re in one now
Are we in a recession? Most Americans say yes, even though layoffs are near a…
Read MoreHere’s one curveball that makes June’s 41-year-high inflation data a lot worse
As if June inflation data reaching a 41-year high wasn’t enough Wednesday, here’s some worse…
Read More`Peak inflation will have to wait’: Traders see three more 8%-plus CPI readings despite falling gas prices
“Staggering.” “Ugly.” “Brutal.” And …. “out-of-date.” Those are some of the words that investors, analysts…
Read MoreThe biggest monthly rent increase in 36 years is adding fuel to inflation fire
Rent prices are helping to fuel inflation, new government data shows, seeing their largest monthly…
Read MoreManchin, key to Democrats’ budget deal, sounds inflation alarm after hot CPI report
Sen. Joe Manchin, who’s key to congressional Democrats’ economic-policy efforts, on Wednesday sounded the alarm…
Read MoreBiden touts falling gas prices, but it’s no cure for high inflation
President Biden called the worst U.S. inflation reading in almost 41 years “out of date”…
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Caesars, SeaWorld downgraded on ‘waning’ confidence in ability to withstand looming recession
Shares of Caesars Entertainment Inc. and SeaWorld Entertainment Inc. slumped Wednesday after downgrades from KeyBanc…
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