Elon Musk says inflation may have peaked. Bill Ackman agrees, but says the Fed is still making a mistake.
admin The market has been in full-on party mode in the 48 hours since Fed Chair…
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‘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 MoreRoyal Caribbean sees signs food inflation is peaking
Shares of Royal Caribbean Group rallied Thursday, after the cruise operator’s second-quarter results beat expectations,…
Read MoreWas Fed’s Powell dovish or not? 4 key takeaways from today’s press conference
Investors reacted as if Fed Chairman Jerome Powell’s press conference Wednesday was dovish, but many…
Read MoreManchin backs Democratic economic bill that targets inflation, drug prices
After extensive negotiations, key Democratic Sen. Joe Manchin of West Virginia on Wednesday said he…
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…
Read MoreInflation, Older Workers and Their Impending Retirements by Barron’s Events
David C. John David C. John is a senior policy advisor at the AARP Public…
Read MoreU.S. pending home sales tumble in June
The numbers: U.S. pending-home sales fell in June by 8.6%, according to the monthly index…
Read MoreU.S. consumer confidence declines for third straight month in June
The numbers: The index of consumer confidence fell to 95.7 in July from a revised…
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