GDP for fourth quarter revised down to 2.7%
The US economy expanded at a smaller-than-expected 2.7% annual rate from October through December, the Commerce Department said Thursday in ...
Tag: inflation
Goldman extends forecast for continued Fed rate hikes
Goldman Sachs and Bank of America said they expect the Federal Reserve to raise interest rates three more times this year, lifting ...
Inflation fight may last ‘quite a bit of time:’ Jerome Powell
Federal Reserve Chair Jerome Powell said Tuesday the latest employment report showed the process for getting inflation back near the central bank’s ...
Inflation-battered shoppers turn to dollar stores for groceries
High prices in the supermarket aisles for basic food items like eggs, milk and butter have driven more shoppers to ...
Tyson Foods shares tank on weak demand for chicken
Tyson Foods took a “hit in the mouth” as larger-than-expected US beef and pork supplies reduced demand for its chicken, company executives ...
Dow falls as traders await Fed’s rate-hike decision
Stock indexes fell on Wednesday ahead of the Federal Reserve’s decision on interest rates later in the day, while an ...
McDonald’s Q4 boosted by higher menu prices amid inflation alarms
McDonald’s on Tuesday beat Wall Street estimates for quarterly profit on higher menu prices, even as it warned short-term inflationary ...
US home price inflation slows further in November
US single-family home price growth cooled further in November, surveys showed on Tuesday, which together with declining mortgage rates could help to ...
Google employee laid off while feeding newborn daughter at 2 a.m.
A Los Angeles-based lawyer employed by Google discovered he was being laid off by the tech giant in an email ...
Neel Kashkari sees Fed’s target interest rate peaking at 5.4%
The Federal Reserve should continue hiking interest rates at its next few meetings at a minimum until it is sure ...
Recent Comments