U.S. consumer spending climbs sharply in June, but mostly because of high inflation
admin The numbers: Consumer spending, the main engine of the U.S. economy, jumped 1% in June,…
Read MoreInflation Figures/Price Indices
U.S. inflation surges again and stays at 40-year high, key price gauge shows
The numbers: A key gauge of U.S. inflation rose a sharp 1% in June, led…
Read MoreElon Musk says inflation may have peaked. Bill Ackman agrees, but says the Fed is still making a mistake.
The market has been in full-on party mode in the 48 hours since Fed Chair…
Read More‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard
The Federal Reserve hiked its benchmark rate by 0.75 percentage points on Wednesday in an…
Read MoreOpinion: It will be the Fed’s fault if the economy crashes into recession
The Federal Reserve’s interest rate policy is one of the most important economic decisions that…
Read MoreU.S. economy shrinks in the second quarter, GDP shows, and invites talk of recession
The numbers: The U.S. economy shrank at a annual 0.9% pace in the second quarter…
Read MoreU.S. economy shrinks in the second quarter, GDP shows, and invites talk of recession
The numbers: The U.S. economy shrank at a annual 0.9% pace in the second quarter…
Read MoreFed jacks up interest rates again to combat highest inflation in 41 years
The Federal Reserve on Wednesday raised a key U.S. interest rate for the fourth time…
Read MoreFed jacks up interest rates again to combat highest inflation in 41 years
The Federal Reserve on Wednesday raised a key U.S. interest rate for the fourth time…
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Opinion: What’s a recession? It depends on whom you ask — an economist or a fishmonger.
Scene: A fancy fish market in Georgetown. Economist enters. Shot of pages flying off a…
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