One chart shows that low-income Americans get hit hardest by inflation
The dynamic is reflected in the chart below, which shows low-income inflation increases outpacing those for the other four ...
US inflation ticks up again — but Dow surges as key Fed gauge dips
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
Federal Reserve holds interest rates steady amid inflation uncertainty
The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty ...
Barron's15d
US Consumer Inflation Rises In December But Underlying Pressures Ease
US consumer inflation rose for a third straight month in December ... up from 2.7 percent in November, the Labor Department said in a statement on Wednesday. This was in line with the median forecast ...
Biden’s economic legacy: Historic wage gains, investment and job growth but marred by inflation
President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for ...
FXStreet10d
Inflation and insolvency causing interest rates to rise
US corporations' hiring plans last year totaled ... then we have the official government information coming from the Labor Department. Initial jobless claims and the monthly Non-farm Payroll ...
US retail sales exit 2024 with momentum; labor market on solid ground
U.S. retail sales increased in December as households bought motor vehicles and a range of other goods, pointing to strong ...
The latest inflation data puts the US economy back in the 'Goldilocks' zone
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...