Economic Indicators

The British currency has taken a plunge, sliding against the U.S. dollar to touch an all-time low. The currency chaos is playing out against the dollar’s rally.

Inspired by Margaret Thatcher’s free market economics, Liz Truss has insisted that growing the economy and tax cuts for businesses will benefit everyone.

The Heritage Foundation reported that the average American has lost $4,200 in average income since President Biden took office, wiping out gains made under his predecessor.

Social Security benefits are expected to increase in 2023, but could be less than previously forecasted, according to The Senior Citizens League. Here's how much of an increase retirees could see in 2023.

The Fed's September meeting ended with yet another 75-basis point rate hike.

The Federal Reserve is likely to hike interest rates even more aggressively than initially believed as they try to combat inflation, according to Goldman Sachs economists.

Last Week mortgage rates climbed to 6.02% the highest since 2008, until today, which saw the rates climb to 6.29% for the 30-year fixed-rate mortgage (FRM).

A federal judge ruled that Rhode Island's truck tolling system that took effect in 2018 to fund repairs to the state's crumbling bridges is unconstitutional.

JPMorgan Chase CEO Jamie Dimon warned that the U.S. is not on "the right path" as pressure builds to cut investments in the oil and gas energy sector.

Gas prices increased by one cent Wednesday ending a nearly 100 day streak of price declines, according to data from AAA. The last time prices rose was on June 14.

A new Chamber of Commerce survey shows an overwhelming majority of small business owners are concerned about the financial ramifications of higher inflation.

Walmart said it plans to hire 40,000 workers ahead of this year's busy holiday shopping season. In 2021, the company announced it would hire 150,000 employees ahead of the holidays.

The Federal Reserve is likely to approve the third straight 75-basis-point interest rate hike on Wednesday as it further intensifies its war on inflation.

Gap is eliminating about 500 corporate jobs, after enduring years of slumping sales at the flagship Gap brand and more recently at the Old Navy chain.

The Biden administration has named a team of 50 individuals, led by economist Aaron "Ronnie" Chatterji, to handle the $52.7 billion included in the CHIPS Act for semiconductor research.

Workers are returning to U.S. offices at the highest rate since the beginning of the COVID-19 pandemic as companies intensify efforts to bring employees back.

Goldman Sachs is cutting its forecast for U.S. Growth Domestic Product in 2023 to 1.1% from 1.5% as monetary policy tightens.

Honda Motors Co. has reportedly asked its employees to give money back from bonuses the company says were overpaid. Marysville factory employees have until Sept. 22.

The University of Michigan's consumer sentiment index rose less than expected in September as Americans' confidence in the economy remains near a historic low.

Hotter-than-expected inflation data released this week could force Federal Reserve policymakers to take historic action and approve a 100-basis-point interest rate hike.