WASHINGTON (AP) — Two weeks ago, Chair Jerome Powell suggested that the Federal Reserve was “not far” from gaining the confidence it needed that inflation was headed sustainably toward its 2% target level, which would allow it to start cutting its benchmark interest rate.
NEW YORK — Eclipse-themed beer.
WASHINGTON (AP) — Lori Shelton can't fathom ever having the money to buy a home — and that's a major reason why so many voters feel down on the economy ahead of this year's presidential election.
WASHINGTON (AP) — Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign, both of which are counting on a steady easing of price pressures this year.
WASHINGTON (AP) — America’s employers delivered another healthy month of hiring in February, adding a surprising 275,000 jobs and again showcasing the U.
WASHINGTON (AP) — The nation's economy likely produced another month of healthy hiring in February, once again brushing aside the effects of high interest rates with unexpected ease.
WASHINGTON — The House passed a $460 billion package of spending bills Wednesday that would keep money flowing to key federal agencies through the remainder of the budget year.
JetBlue and Spirit Airlines are ending their proposed $3.
NEW YORK - Shares of New York Community Bancorp are plunging before the opening bell Friday after the abrupt departure of the longtime CEO of the bank, which has now delayed mandatory financial disclosures with regulators after finding “material weakness” tied to loans.
Inflation has hit most of the economy, but that’s hardly the case with airfare.
WASHINGTON (AP) — The U.
DETROIT (AP) — Price increases for cars and trucks in the United States, which helped fuel inflation for nearly three years, are slowing and in some cases falling, helping cool overall inflation and giving frustrated Americans more hope of finding an affordable vehicle.
American consumers are feeling less confident this month as concerns over a possible recession grew.
The percentage of home buyers dropped from 34% to 26% as more and more people opt to rent instead of buy, according to the National Association of Realtors Research Group ’s 2023 report.