Consumer sentiment measure falls to pandemic-era low, sees one of largest drops on…
A key consumer sentiment reading saw a dramatic drop in early August as the delta variant of Covid-19 increased…
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Economy
U.S. jobless claims total 375,000, falling for a third straight week
Initial jobless claims declined for the third consecutive week as the U.S. labor market continued its recovery from…
Fed should announce bond taper in September, begin it in October, says Dallas Fed…
Dallas Federal Reserve President Robert Kaplan said Wednesday that the central bank should begin to taper its…
Job openings surge above 10 million for first time ever, Labor Department says
The number of job openings in the U.S. economy jumped to more than 10 million in June, the highest on record, as…
Private companies added 330,000 jobs in July, according to ADP, far short of the…
Job creation at private companies tumbled in July as fears mounted over the spreading Covid-19 delta variant,…
Household debt jumps by the most in 14 years to nearly $15 trillion in the second…
Residential single family homes construction by KB Home are shown under construction in the community of Valley…
U.S. GDP rose 6.5% last quarter, well below expectations
The U.S. economy rose at a disappointing rate in the second quarter, the Commerce Department reported Thursday in a…
IMF warns that inflation could prove to be persistent and central banks may need…
The International Monetary Fund warned Tuesday that there's a risk inflation will prove to be more than just…
The Fed could sound more worried about the virus and less ready to tighten policy
Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing…
Yellen urges Congress to raise or suspend the debt limit by Aug. 2
Treasury Secretary Janet Yellen on Friday warned Congress that her department will need to embark on "extraordinary…