Key inflation gauge eyed by Fed stays high as prices rise
A measure of inflation that is closely monitored by the Federal Reserve remained painfully high last month, the latest sign ...
Tag: Economy
Twitter staff worried Elon Musk will nix lucrative stock payouts: report
Twitter employees are reportedly fretting about the possibility that Elon Musk will nix lucrative compensation payouts due next week after ...
Mortgage rates top 7% for the first time in 20 years
The average long-term mortgage rate topped 7% for the first time in more than two decades this week, a result ...
US GDP grew 2.6% in third quarter after decline
The US economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and ...
Jobless claims edge up but still remain historically low
Slightly more Americans applied for unemployment benefits last week as the labor market remains one of the healthiest parts of ...
MSNBC’s Ali Velshi claims ‘great inflation myth’ is GOP tactic to slam Biden
MSNBC anchor Ali Velshi argued that Republicans have created a “great inflation myth” to falsely paint President Biden and other ...
Most economists say US already in recession or could be soon: survey
Most economists say US already in recession or could be soon: survey Breaking News Click to close
Why mortgage rates could hit 10% by early 2023: expert
Why mortgage rates could hit 10% by early 2023: expert Breaking News Click to close
Jobless claims fell unexpectedly in still-tight labor market
The number of Americans filing new claims for unemployment benefits fell unexpectedly by 12,000 last week, indicating the labor market remains tight even as ...
Housing starts tumble more than expected in September
US homebuilding fell more than expected in September, led by a 13.1% decline in multi-unit projects, according to Census Bureau data ...
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