Fed’s Mester says there’s been no progress on inflation, so interest rates need to move higher
admin With little or no progress made on bringing inflation down, the Federal Reserve needs to…
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Oil prices down a second session as IMF’s world economic outlook feeds recession fears
Oil futures fell for a second day Tuesday, unwinding part of the previous week’s sharp…
Read MoreGold prices head for a third consecutive loss as U.S. inflation data looms
Gold edged lower on Tuesday as anxieties about further interest rate rises by the Federal…
Read MoreWhen will house prices go down? Some economists see a ‘prolonged slowdown’ — and a decline of up to 20% in house prices.
The real-estate market is taking a beating, with mortgage rates surpassing 7%. “Rates are still…
Read MoreOil prices tick lower after weak China data sparks demand fears
Oil futures traded lower Monday following their strongest weekly gains since March, losing ground after…
Read MoreEuropean gas futures down to 3-month low as LNG imports gain traction
European gas prices dropped to a three-month low on Monday as EU countries rush to…
Read MoreSorry folks, Black Friday has already started. But don’t worry if you miss the early sales.
October is the new Black Friday. At least that’s the impression some retailers give. Target…
Read MoreAmericans are souring on the housing market. Home buyer sentiment hits lowest level since 2011 — and mortgage rates reach 7%.
There’s no respite for home buyers these days. From rising rates, high home prices, and…
Read MoreAirlines enter earnings season wrestling with fuel prices, hiring challenges
The earnings season for the U.S. airline industry is about to start. So what can…
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Retailers are cutting clothing prices, but don’t expect big discounts from this athleisure giant
Athleisure-wear maker Lululemon Athletica Inc. is better positioned to stay above the current clothing discount…
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