U.S. retail sales rebound as Americans spend more at car dealers and restaurants
admin The numbers: Sales at U.S. retailers rose 0.3% in August as Americans spent more on…
Read MoreInflation Figures/Price Indices
Amazon hit with antitrust lawsuit from California, which claims seller rules are increasing consumer prices
California is suing Amazon.com Inc., claiming the e-commerce giant’s policies for those who sell on…
Read MoreFirst major Wall Street bank to call a U.S. recession says ‘the pessimists will sadly prevail’
Deutsche Bank, which became the first major Wall Street bank to forecast a U.S. recession…
Read MoreU.S. wholesale inflation falls for second month in a row due to cheaper gas
The numbers: The cost of wholesale goods and services fell 0.1% in August largely due…
Read MoreU.S. stock futures slip following Wall Street’s worst losses in more than two years
U.S. stock index futures slipped on Wednesday, after seeing the worst daily losses in two…
Read MoreAny doubt Fed will raise rates by 75 basis points next week is gone after hot U.S. inflation data
Any doubt that the Federal Reserve will raise its its benchmark interest rate by 0.75…
Read MoreDow futures tumble over 500 points, turn south after hotter-than-expected CPI reading
U.S. stock-index futures gave up early gains to turn sharply lower Tuesday after an unexpected…
Read MoreU.S. stocks gain ground as investors await August inflation reading
U.S. stocks rose early Monday, on track for a fourth consecutive day of gains, as…
Read MoreFed will need ‘great skill’ and ‘good luck’ to bring down inflation without crashing the economy, Yellen says
The Federal Reserve has to use its judgment to bring inflation down along with the…
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Weekend reads: This may cause the next financial crisis
The Federal Reserve invigorated the economy before and during the coronavirus pandemic by purchasing Treasury…
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