NY Fed President John Williams calls for higher interest rates
New York Federal Reserve Bank President John Williams on Tuesday called for further rapid interest-rate hikes to slow the economy and inflation, including a possible second ...
Tag: Economy
Gas stations reportedly put holds of up to $175 on card swipes
US gas prices have surged so much in recent months that major payment processing firms have reportedly increased the size ...
Joe can’t even fill in FCC post with leftist nomination
You can go back to October of last year to trace the slow-moving train wreck that has been Gigi Sohn’s ...
New home sales jump 10.7% in May
Sales of new US single-family homes unexpectedly rose in May, but the rebound is likely to be temporary as home prices continue to increase ...
Netflix orders second round of layoffs, streaming giant slumps
Netflix confirmed Thursday that it is conducting a second round of layoffs as the streaming giant grapples with a slump ...
Soaring gas prices spur ride-sharing drivers to wrap cars in ads
When Duana Malcolm had her blue Hyundai Sonata sedan ‘wrapped’ as a mobile advertising board, the part-time delivery driver did ...
Weekly jobless claims drop as US labor market remains tight
Fewer Americans applied for jobless benefits last week as the US job market remains robust despite four-decade high inflation and ...
Existing home sales fall 3.4% amid record prices
Sales of previously occupied US homes slowed for the fourth consecutive month as climbing mortgage rates and record high prices ...
Bitcoin barely hits key $20K threshold, rattling investors
Bitcoin struggled to stay above the key $20,000 threshold Monday as the leading cryptocurrency weathers a prolonged selloff that has ...
Joe Biden’s economic czar Brian Deese dodges inflation question
A top economic adviser to President Biden repeatedly dodged the question of when the scorching, decades-high inflation that has vexed ...
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