Economic Indicators

Klarna's losses double even as buy now, pay later services grow in popularity. Experts have warned that these services can be a ticket to overspending.

Moody's downgrade of the U.S. credit rating made it the third of the three major ratings agencies to downgrade U.S. credit since 2011 amid widening budget deficits.

The University of Michigan's Consumer Sentiment Index fell again in May after economists expected a modest increase. Consumer sentiment is at its lowest level in nearly three years.

The average rate on the 30-year fixed mortgage rose this week to 6.81%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.76%.

Fed Chair Jerome Powell spoke about how the central bank's monetary policy framework could shift if inflation is more volatile and supply shocks more common.

JPMorgan reduced its forecast for the chance of a recession this year after the U.S. and China temporarily lowered the higher tariffs they imposed.

Getting behind the wheel is about to get more expensive, with tariffs poised to raise the price of car insurance by nearly 10% later this year.

The Bureau of Labor Statistics' latest consumer price index report showed that inflation ticked slightly higher in April as tariffs begin to have an economic impact.

Anheuser-Busch announced its latest goal of investing $300 million in its facilities across the U.S. on Monday, a move it said will bolster manufacturing jobs throughout the nation.

A recent study indicates that Californians could be paying as much as $8.43 per gallon of gas next year, as two refineries in the state have plans to shutter.

The average rate on the 30-year fixed mortgage remained flat this week at 6.76%, according to the latest data from mortgage buyer Freddie Mac released on Thursday.

Interest rates hold steady as the Fed studies the impact of economic tariffs.

Toyota held an earnings press conference, talking about impacts of tariffs by President Donald Trump. The company's earnings look much different from last year.

Economic uncertainty surrounding President Donald Trump's tariffs has raised concerns about stagflation hitting the U.S. economy through slow growth or contraction as well as higher prices.

The U.S. trade deficit grew to the highest level in March amid a record-setting surge of imports as businesses looked to stockpile inventories before tariffs took effect.

Drug store chain Rite Aid announced on Monday that they are filing for Chapter 11 bankruptcy for the second time in less than two years.

The U.S. Department of Labor's employment report for April showed that job growth slowed in the U.S. amid uncertainty over economic conditions, as well as the impacts of trade policy.

Gas prices, though having risen slightly while oil prices continue to fall to prices not seen since 2021, could begin to dip downward despite the summer travel season.

The average rate on the 30-year fixed mortgage fell this week to 6.76%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.81%.

The Fed's preferred inflation gauge showed price growth slowed in March, as the personal consumption expenditures (PCE) index trended closer to the central bank's target.