Updated: 27 min 59 sec ago
Wed, 05/18/2022 - 06:03
The Conference Board measure of CEO sentiment showed that 57% expect the economy to sustain a "very short, mild recession."
Wed, 05/18/2022 - 05:29
U.S. households are now spending the equivalent of $5,000 a year on gasoline, up from $2,800 a year ago, according to Yardeni Research.
Wed, 05/18/2022 - 04:00
Higher mortgage interest rates are hitting homebuyer affordability hard, and that is showing up in a sharp drop in mortgage applications.
Tue, 05/17/2022 - 11:58
Fed Chairman Jerome Powell said he will back interest rate increases until prices start falling back toward a healthy level.
Tue, 05/17/2022 - 09:29
California's state average for a gallon of gas hit a record above $6.
Tue, 05/17/2022 - 07:15
Retail sales were expected to rise 1% in April, according to Dow Jones estimates.
Tue, 05/17/2022 - 07:12
"Housing leads the business cycle, and housing is slowing," said NAHB Chairman Jerry Konter, a builder and developer.
Tue, 05/10/2022 - 15:49
Fed Governor Christopher Waller pledged that the rate-setting group wouldn't make the same mistakes on inflation that it did in the 1970s.
Tue, 05/10/2022 - 15:35
April's consumer price index may show inflation has reached its height.
Mon, 05/09/2022 - 09:00
Inflation expectations over the next year fell to a median 6.3% in April, a 0.3 percentage point decrease from the record high the previous month.
Mon, 05/09/2022 - 06:07
Minneapolis Federal Reserve President Neel Kashkari said Monday he's confident inflation will come back to normal, though it's taking longer than he expected.
Fri, 05/06/2022 - 13:33
Hiring in the manufacturing, transportation and health-care sectors helped the U.S. economy add more than 400,000 jobs in April.
Fri, 05/06/2022 - 11:36
Nonfarm payrolls grew by 428,000 for the month, a bit above the Dow Jones estimate of 400,000. The unemployment rate was 3.6%.
Thu, 05/05/2022 - 13:32
The level of workers who retired then came back a year later is running around 3.2%, just about where it was before the pandemic.
Thu, 05/05/2022 - 12:53
Worker productivity fell to start 2022 at its fastest pace in nearly 75 years while labor costs soared.
Thu, 05/05/2022 - 11:38
The changes would tailor the Community Reinvestment Act's approach to making sure banks are not engaging in "redlining."
Thu, 05/05/2022 - 04:58
Wednesday's rate hike will push the federal funds rate to a range of 0.75%-1%.
Wed, 05/04/2022 - 06:14
Private payrolls increased by just 247,000 for the month, well below the 390,000 Dow Jones estimate.
Wed, 05/04/2022 - 04:03
Total mortgage application volume rose 2.5% for the week ended April 29 compared with the previous week, according to the MBA's seasonally adjusted index.
Tue, 05/03/2022 - 08:38
Employment openings exceeded the level of available workers by 5.6 million in March while a record number of people quit their jobs.
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