Fed officials in June resolute in tightening into ‘restrictive’ territory despite risk of slower growth
admin Federal Reserve officials were resolute about the need to continue to hike their benchmark policy…
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‘Peak inflation is not here yet’: Rents continue to rise, putting pressure on would-be homebuyers. That’s bad news for the Fed.
Rents will continue to rise, contributing to inflation, until the end of the year, economists…
Read MoreU.S. job openings dip to 11.3 million, but labor market still historically strong
The numbers: The U.S. economy is cooling off, but the labor market is still red-hot:…
Read MoreU.S. businesses grow at slowest pace in 2 years, ISM shows, as economy softens
The numbers: An ISM barometer of business conditions at service-oriented companies such as restaurants, hotels…
Read MoreHere’s the loophole that makes the U.S. housing market more wobbly than it appears
This housing market, it would appear, isn’t built on the same creaky foundations of the…
Read MoreU.S. homeownership rate tumbles to 1980s levels
High prices for everything from groceries to gas aren’t the only things making this year…
Read MoreExpect the stock market to be driven ‘more by earnings than the macro’, says Morgan Stanley’s Wilson
Earnings season will be a key test for the stock market after the S&P 500…
Read MoreMost essential workers have seen their pay increase during the pandemic — but many still don’t believe they’re being paid a fair wage
Pay for essential workers is rising, but many say it’s still not enough. Some 29…
Read MoreThe U.S. won’t officially be in recession if GDP shrinks again — and here’s why
Since World War Two the U.S. economy has never shrunk for two quarters in a…
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Dividend stocks are a top inflation-fighting investment you want in your corner now
Investors are too quick to shun dividend-paying stocks when inflation worsens. That’s because they’re focusing…
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