Household net worth climbs to $136.9 trillion, thanks to big stock market gains
U.S. dollars are counted by a at a bank in Westminster, Colorado.Rick Wilking | ReutersThe net worth of U.S.…
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Economy
U.S. trade deficit narrows slightly from record levels as Covid-era demand for…
The CMA CGM Marco Polo, an Explorer class container ship crosses under the Verrazzano-Narrows Bridge, to enter New…
The Fed is in early stages of a campaign to prepare markets for tapering its asset…
Chairman of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing on "The Quarterly…
Job creation accelerated in May but is still below lofty expectations
Job creation disappointed again in May, with nonfarm payrolls up what normally would be considered a solid 559,000…
Jobs report shows improvement, but not enough to get Fed talking about tapering
A help wanted sign is posted at a taco stand in Solana Beach, California.Mike Blake | ReutersHiring improved in…
Fed’s Mester lauds jobs report but says it’s not enough to change…
May's job gains were "solid" but not enough to change the direction of monetary policy, Cleveland Fed President…
Companies hired nearly a million new workers in May, ADP says
Private job growth for May accelerated at its fastest pace in nearly a year as companies hired 978,000 workers,…
U.S. inflation is transitory but could become more persistent, says ex-Fed…
The recent spike in U.S. inflation is likely transitory for now — but it could become more persistent in the coming…
A key U.S. inflation gauge rose 3.1% year over year, higher than expected
A key inflation indicator rose a faster-than-expected 3.1% in April as price pressures built in the rapidly…
Weekly mortgage demand falls as interest rates move higher
A slight increase in mortgage interest rates was enough to tank refinances and bring down overall demand. Total…