Joe Biden Resurrects His Claim That ‘Gouging’ Is At Fault for High Prices
The Biden administration returns to the “don’t blame me” tactic on inflation.
The Biden administration returns to the “don’t blame me” tactic on inflation.
The consumer confidence index improved in November but the expectations component is still below the threshold that indicates a recession is coming in the next year.
Fifty-two percent of the public says the economy is getting worse, according to the latest poll from the Economist and YouGov.
Orders are down. Employment is soft. Production is falling.
Not only were October sales weaker, the previous three months were all revised down.
This year marks the two-hundred and tenth anniversary of a now-forgotten survey that arguably launched America’s Thanksgiving tradition. And on its anniversary, we should pay special heed to what it tells us about the relationship between the United States and
Someone forgot to tell American families that inflation has been canceled.
Consumers do not expect lower inflation to last.
Durable goods orders came in much lower than expected.
Many saw the recent rise in unemployment claims as a welcome sign of labor market softening. The most recent figures challenge that view.
The recent decline in mortgage rates is luring buyers back into the market, data on mortgage applications indicated Wednesday. Applications for home loans increased three percent last week compared with the previous week, the Mortgage Bankers Association said. Applications for
The market is convinced that the Federal Reserve is done with rate hikes. The Federal Reserve is not.
Mortgage rates climbed near 8% in October and home sales plunged.
The economic slowdown that first appeared in September got worse in October, a key gauge from the Chicago Fed showed Tuesday.
If forecasting the economy were as simple as predicting the exact opposite of the consensus, everyone would do it.
A key measure of the health of the economy in the near future is once again forecasting a recession.
The market is convinced the Federal Reserve will start cutting rates in the first half of next year. That’s not as crazy as it sounds.
Inventories climbed in September, the Commerce Department said Wednesday.
It is going to take more than a better finance chief to bring the magic back to Walt Disney Co.
Credit card balances rose by $48 billion to $1.08 trillion.
Donald Trump is getting wealthier despite the flurry of lawsuits against him.
It is the equivalent of 15.9 percent of the Federal budget for fiscal year 2022.
Santa Claus is not going on strike this year, but he may have a bit of an easier job hauling his sack from house to house.
Fewer banks say they are making it tougher for businesses to borrow, a survey released Monday by the Federal Reserve showed. Bank lending is the lifeblood of the American economy and lending standards are one of the main arteries through
Fed officials are likely to see the October jobs numbers as justifying a decision not to raise their interest rate target at their December meeting.
Unemployment rate unexpectedly climbs.
It is increasingly clear that the manufacturing sector rebounded in September.
Inflation-stricken consumers plus backlash against Target’s far-left LGBT pride campaign have hurt sales at the big retailer.
The factory sector is showing signs of renewed activity despite surveys suggesting an ongoing contraction.
The Federal Reserve is falling behind the curve again.
Growth is up. Inflation is up. Job openings are up. The Fed’s interest rate target, however, is not.
Subsidies and government spending are offsetting a good deal of the drag from higher interest rates.
The labor market refuses to cooperate with the “soft landing” scenario for the economy.
Wall Street has not let go of its conviction that the Federal Reserve will cut interest rates next year.
Every keeps saying the labor market is going to soften one of these days. Just not yet.
More than two-thirds of consumers still said recession is ‘somewhat’ or ‘very likely.’
Home prices keep climbing.
The Federal Reserve is planning on staying “patient” at this week’s meeting of the Federal Open Market Committee.
The Dallas Fed survey of manufacturers shows production expanded in October.
Price increases sent sales soaring in the third quarter.