Retail sales dip 0.4% in February after January buying burst
America’s consumers trimmed their spending in February after a buying burst in January, underscoring the volatility of the economic environment. ...
Tag: federal reserve
Dow, stocks plunge as Credit Suisse sparks fresh bank selloff
Stocks dropped on Wednesday as turbulence at Credit Suisse renewed fears of a banking crisis, while data hinting at economic weakness ...
Dow surges as fears of big rate hikes ease
Wall Street’s main indexes climbed on Tuesday after consumer prices in the world’s largest economy rose in line with expectations, ...
Inflation rose 6% in February as Fed mulls more rate hikes
Inflation rose in February as sudden turmoil in the US banking sector sparked uncertainty about the Federal Reserve’s next move ...
US employers add 311,000 jobs in February, more than expected
The US economy added jobs at a solid clip in February, likely ensuring that the Federal Reserve will raise interest rates for ...
Job openings dip in January, but still high at 10.8 million
US employers posted 10.8 million job openings in January, indicating the American job market continues to run too hot for ...
Larry Summers compares US economy to Looney Tunes cartoon
The US economy could face a “Wile E. Coyote moment” as the Federal Reserve struggles to bring down persistent inflation, ...
Home price growth slowed in December
US single-family home prices in December increased at their slowest pace since the summer of 2020, surveys showed on Tuesday, ...
Dow drops as hot inflation data fuels rate-hike worries
Wall Street’s main indexes fell more than 1% on Friday as a surge in consumer spending and inflation in January ...
Fed’s key gauge of US inflation surges at fastest rate since June
The Federal Reserve’s preferred inflation gauge rose last month at its fastest pace since June, an alarming sign that price ...
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