Toll Brothers sees 20% growth in 2022 amid strong demand
Toll Brothers says it is looking at revenue growth for fiscal 2022 of 20% as demand grows.
Slow job growth in November unlikely to keep interest rates low, economists say
The latest jobs report did not meet economists' expectations, but it's unlikely to change the course of interest rates or the Federal Reserve's planned rate hikes for 2022. Here's why.
Supply chain issues impacting pharmacies: What to know
Pharmacies are reportedly running out of important prescription medications, and the U.S. Food and Drug Administration (FDA) shows there are about 111 drugs on backorder – including heart medications, antibiotics and cancer drugs.
Where are all of the jobs? These sectors hired the most workers in November
Although the U.S. economy created fewer jobs than expected in November, most industries still added to their payrolls last month – with white-collar businesses leading the way.
Biden touts declining unemployment rate, despite huge job miss in November
President Biden on Friday lauded a surprise decline in the nation's unemployment rate last month, even though hiring severely undershot expectations with November marking the worst month for job creation this year.
US hiring stumbles in November as economy adds just 210,000 new jobs
The Labor Department released the highly anticipated November jobs report on Friday morning, shedding light on the labor market's continued recovery from the COVID-19 pandemic.
Jerome Powell signals Fed could speed up tapering to bond-buying program
Federal Reserve Chairman Jerome Powell said it's time to retire the word "temporary" when it comes to inflation. Here's what that could mean for interest rates.
November jobs report expected to show another month of strong hiring momentum
The November jobs report is projected to show that hiring topped half a million for the second consecutive month, even as a labor shortage that economists describe as the worst in decades continues to persist.
Inflation causing hardship for nearly half of US households, survey shows
Soaring inflation is inflicting financial pain on nearly half of U.S. households as prices for everyday necessities like food and gasoline continue to surge, according to a Gallup survey published on Thursday.
Most CFOs think higher prices will last through 2022, survey shows
A majority of U.S. businesses are hiking prices at a rapid clip as they seek to offset the pain of soaring inflation and a lack of available workers, according to a survey of American CFOs published on Thursday.
Jobless claims climb to 220,000 from half-century low
Labor Department figures released on Thursday show how many Americans filed for unemployment benefits the week ending Nov. 27.
Fed's Powell pledges faster tapering timeline won't 'disrupt' markets
Federal Reserve Chairman Jerome Powell assured lawmakers on Wednesday that a move by the U.S. central bank to speed up its withdrawal of support for the U.S. economy should not disrupt the markets, one day after his comments precipitated a massive nosedive on Wall Street.
Fannie Mae says mortgage rates to end 2022 at 3.3%
Fannie Mae released its latest forecast, saying it expects mortgage rates to slowly rise over the next two years as the Federal Reserve responds to rising inflation.
Private-sector job growth ramps up in November with 534,000 positions added, ADP says
The ADP National Employment Report released on Wednesday morning provided a snapshot of the U.S. labor market in November.
Fed prepared to raise interest rates if inflation continues to surge
The Fed could be looking at a rate hike sooner than expected if inflation continues to surge. The latest FOMC meeting minutes indicate that Fed members are discussing the possibility of raising rates.
Powell admits Fed got it wrong on inflation, says they should stop calling it 'transitory'
Federal Reserve Chairman Jerome Powell acknowledged Tuesday that he now expects high inflation to continue into the middle of 2022, stating that the government should no longer push what had been a recurring slogan of it being "transitory."
House Democrats express cautious optimism on inflation as they pursue greater spending before midterms
House Democrats are maintaining that inflation is manageable as they head into the new year.
Biden's Build Back Better bill: Half of voters support plan but many fear inflation will worsen, poll shows
Nearly 50% of voters support Biden's Build Back Better plan, a new poll showed. But many are also worried it could worsen inflation rates. Here's what that means for interest rates.
Biden Interior Department calls to raise prices for oil and gas companies to drill on public lands
The Department of the Interior released a report Friday that proposed charging fossil fuel companies more money to drill on public lands and waters, calling the current rate of 12.5% "particularly outdated."
Nationwide Thanksgiving gas prices up more than 60% from last year, AAA shows
The nationwide average for gasoline prices is up by more than 60% from Thanksgiving 2020, according to the American Automobile Association (AAA).



















