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U.S. Inflation
Fed’s Kashkari Open to Holding Rates Steady at Next Policy Meeting in June
Minneapolis Fed President Neel Kashkari, a member of the central bank's rate-setting monetary policy committee, is open to pausing interest rates at the next policy meeting in June. He told the ...
May 22, 2023
BY
Bryan Jung
Inflation Heats Up Despite Easing Supply Chain Pressures
U.S. inflation is heating up despite improvements in supply chain pressures. This comes as business activity in the ...
February 22, 2023
BY
Bryan Jung
Americans Spending Nearly $400 More per Month Owing to Inflation
The elevated inflation rate is forcing U.S. citizens to spend hundreds of dollars a month extra than usual, ...
December 15, 2022
BY
Naveen Athrappully
NTD Business (Dec. 13): FTX Founder Faces Criminal Charges; Nov. US CPI: Inflation Slows Down
Disgraced former FTX CEO Sam Bankman-Fried has been arrested and charged for allegedly stealing his customer's money. There ...
December 13, 2022
BY
Don Ma
Powell’s Double Challenge: A Slowing Economy and Vanishing Liquidity
Commentary The hawkish tone of Federal Reserve Chairman Jerome Powell on Aug. 26 was unequivocal. Powell's most important ...
August 29, 2022
BY
Daniel Lacalle
Inflation-Weary Shoppers Hunting for Deals Are Turning to Cheaper Brands
More American consumers across the country are purchasing cheaper store brands at supermarkets due to rising grocery prices, ...
July 25, 2022
BY
Bryan Jung
Mortgage Demand Sinks to 22-Year Low as Recession Fears Mount
Mortgage applications in the United States decreased 6.3 percent for the week ending July 15 compared to the ...
July 21, 2022
BY
Bryan Jung
Retail Sales Rose in June but Down When Inflation Is Taken Into Account
U.S. retail sales rose 1 percent in June, largely due to higher prices for food and gas, led by ...
July 16, 2022
BY
Bryan Jung
Fed Could Cut Interest Rates Early Next Year, Analysts Say
The U.S. bond market on June 29 moved to price in an anticipated move by the Federal Reserve ...
July 1, 2022
BY
Bryan Jung
Inflation Is Causing More Americans to Be Nervous About Their Savings
Rapidly rising high inflation rates are causing Americans to feel insecure about dipping into their emergency savings, according ...
June 24, 2022
BY
Bryan Jung
US Mortgage Rates Rise to 5.78 Percent After Fed Rate Hike, in Biggest Jump Since 1987
U.S. mortgage rates jumped to 5.78 percent in the largest one-week increase since 1987, reported Freddie Mac on ...
June 16, 2022
BY
Bryan Jung
Target Warns of Weaker Profits Due to Overstocked Stores and Inflation
Target announced in a June 7 press statement that its earnings would take a short-term hit, after marking down ...
June 7, 2022
BY
Bryan Jung
Americans Are Cutting Vacation Plans Short Due to Rising Gas Prices and Inflation: Survey
Americans want to go on vacation this summer despite concerns about rising gas prices and inflation, according to ...
June 1, 2022
BY
Bryan Jung
Inflation of US Housing Market Slows Down as Higher Mortgage Rates Shrink Demand
The rate of home price inflation in the United States is expected to decline to about 10 percent ...
May 31, 2022
BY
Bryan Jung
Shares of Dollar Tree and Dollar General Rise as Inflation Pushes Shoppers to Find Bargains
Shares of Dollar Tree Inc. and Dollar General Corp. surged on May 26 after upbeat financial news for ...
May 27, 2022
BY
Bryan Jung
Former Obama Economic Advisor Doubts a Recession Would Cure Inflation
There is rising concern in Washington that interest rate hikes by the Federal Reserve will spark a recession ...
May 24, 2022
BY
Bryan Jung
Americans More Pessimistic on Economy, Biden Administration: Survey
Americans are increasingly pessimistic about the state of the economy and Joe Biden's presidency, according to a CBS News ...
May 23, 2022
BY
Bryan Jung
Consecutive High Gas Prices Are ‘Unprecedented’ With Summer Season Around The Corner, AAA Says
U.S. gas prices have been climbing for the past 11 consecutive days in a row, amid the worse energy supply ...
May 21, 2022
BY
Bryan Jung
Bernanke says the Fed’s slow response to inflation ‘was a mistake’
The Federal Reserve’s slow response to the global inflation crisis "was a mistake," said Former Federal Reserve Chairman ...
May 16, 2022
BY
Bryan Jung
Dollar Rally Accelerates Slide in Metals
Gold and other precious metals dropped on Thursday, with palladium shedding more than 8 percent, as investors flocked ...
May 13, 2022
BY
Reuters
US Corporate Earnings Forecasts Weaken As Companies Review Inflation Risks
U.S. corporate growth expectations for the second quarter of 2022 are beginning to show signs of decline as ...
May 9, 2022
BY
Bryan Jung
DeSantis Signs Historic $1.2 Billion Tax Relief Package That Benefits Families
PUNTA GORDA, Fla.–Gov. Ron DeSantis signed a $1.2 billion tax relief bill on May 6 to help Floridians—especially ...
May 6, 2022
BY
Jannis Falkenstern
DeSantis: Florida Is Ready if ‘Biden Plunges US Into a Recession’
Florida's Gov. Ron DeSantis said on May 3 he is concerned about the national economy as he fears ...
May 4, 2022
BY
Jannis Falkenstern
US Home Prices Rose at Fastest Annual Pace on Record in March
U.S. home prices for the first quarter of 2022 continued to skyrocket with a record 20.9 percent year-over-year ...
May 3, 2022
BY
Bryan Jung
61 Percent of Small-Business Owners Fear Rising Inflation Will Cripple Them
Over 60 percent of American small-scale employers are worried about inflation threatening their businesses with the highest prices ...
April 22, 2022
BY
Bryan Jung
St. Louis Fed Chief Calls for Immediate Action on Rising Inflation
The president of the St. Louis Federal Reserve, James Bullard, called for a tougher approach to control skyrocketing inflation ...
April 8, 2022
BY
Bryan Jung
JPMorgan Predicts That Global Commodities Prices May Rise by 40 Percent
Commodities prices could rise by 40 percent and will likely continue to go higher, according to a note ...
April 7, 2022
BY
Bryan Jung
TOP NEWS
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
3hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
4hr
By
Jacki Thrapp
and
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
5hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
6hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
8hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
8hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
9hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
13hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
14hr
By
Naveen Athrappully
Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
20hr
By
Melanie Sun