Economic Indicators

AI was the leading reason cited for U.S. job cuts for the third consecutive month, with 97,006 layoffs announced in May, according to new data.

Walmart CEO John Furner said rising fuel costs are placing increasing pressure on consumers, with lower-income households showing growing signs of financial strain.

The Bureau of Labor Statistics reported that 172,000 jobs were added in May, beating economist expectations of 85,000 while unemployment held at 4.3%.

Federal Reserve Beige Book finds inflation rising at a strong pace across most districts, driven by energy costs tied to the Middle East conflict.

The figure reported on Wednesday is above economists’ estimates of an increase of 99,000 jobs. The prior month's reading was revised lower to a gain of 62,000 jobs.

UBS portfolio manager Jason Katz says investors should look beyond AI stocks, pointing to consumer discretionary as a potential area of opportunity.

Costco topped third-quarter sales expectations as its gas stations hit record volumes amid surging fuel prices and growing consumer price sensitivity.

The latest PCE inflation data was released by the Commerce Department and showed that inflation rose and remained elevated in April due in part to the Iran war's impact.

Not only are we not going into a recession — the economy is booming.

New York City Mayor Zohran Mamdani’s $22 billion housing proposal is drawing criticism from a business leader and a Republican lawmaker who warn parts of the plan could discourage developers and investors from building in the city.

Kevin Hassett expects inflation to fall by year's end as energy prices decline, pointing to strong economic momentum and falling Treasury yields.

The average rate on a 30-year fixed mortgage rose this week to 6.51%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.36%.

Fed minutes reveal policymakers worried about energy prices and tariffs driving inflation higher when they held interest rates steady in April.

Malls are redesigning spaces with social media-friendly features and experiences like rock climbing to attract Gen Z shoppers and their spending.

Federal Reserve Governor Stephen Miran submits resignation, celebrating conservative regulatory victories and the removal of reputational risk guidelines.

Inflation continued to rise in April as consumer price growth has picked up due to the impact of the Iran war on energy markets and gas prices.

Sen. Josh Hawley, R-Mo., is introducing a bill to temporarily pause the federal gas tax, his office told Fox News on Monday.

Rising gas prices push lower-income consumers to rely more on credit as fuel costs climb to their highest share of household income since March 2022

The U.S. economy added jobs at a modest pace last month according to the Labor Department's April 2026 jobs report that was released on Friday.

Rising gas prices amid the Iran war are hitting low-income households hardest, creating a K-shaped consumption pattern, a New York Fed report finds.