Inflation rises 7% over the past year, highest since 1982
Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December, according to a closely…
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Economy
Fed Chair Powell says rate hikes, tighter policy will be needed to control…
U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking,…
Jamie Dimon sees the best economic growth in decades, more than 4 Fed rate hikes…
Jamie Dimon said the U.S. is headed for the best economic growth in decades."We're going to have the best growth…
Hiring falters in December as payrolls rise only 199,000, though the unemployment…
The U.S. economy added far fewer jobs than expected in December just as the nation was grappling with a massive…
Here’s where the jobs landed — in one chart
The leisure and hospitality sector led hiring in December as restaurant and bar managers added wait staff, cooks…
A record 4.5 million workers quit their jobs in November
Workers quit their jobs in record numbers in November while the total employment openings pulled back a bit, the…
Mortgage rates fall to a four-week low, but homebuyers still pull back due to…
The already competitive housing market is getting even more so, and that is now cutting into mortgage demand.Even a…
November home sales rose due to hot job market and concerns over rising rates next…
HOUSTON, TEXAS - AUGUST 12: A newly sold home is shown on August 12, 2021 in Houston, Texas. Home prices have…
Goldman cuts GDP forecast after Sen. Manchin says he won’t support…
U.S. Senator Joe Manchin (D-WV) delivers remarks to reporters at the U.S. Capitol in Washington, D.C., November 1,…
Former U.S. Treasurer on the economy: ‘I’m much more optimistic about 2022’
Count former U.S. Treasurer Rosie Rios among the experts who sees brighter days ahead for the U.S. economy. If…