Inflation to rise by 5% by end of 2021, economist projects: This is how interest rates could be impacted
CUNA's chief economist says inflation will end 2021 at 5%. As the Federal Reserve considers when to raise rates, here's what high inflation means for interest rates.
Fed's inflation gauge hits fresh 31-year high as prices continue to soar
Annual inflation is running at the hottest pace in more than three decades as widespread supply shortages, extraordinarily high consumer demand and rising wages fuel rapidly rising price increases.
Jobless claims tumble to 199,000, lowest level since 1969
The Labor Department released new data on the number of Americans filing for unemployment benefits on Wednesday morning, a day earlier than usual due to the Thanksgiving holiday.
Biden touts efforts to cool soaring inflation, says gas prices will fall 'before long'
President Biden on Tuesday outlined the steps his administration is taking to combat surging inflation ahead of the holiday season, saying the different actions will help ease supply-chain bottlenecks and reduce rising gas prices.
Inflation at risk of 1980s spike, says former Trump economic adviser
Inflation is not going away anytime soon, argues one prominent former White House economic adviser.
Japan proposes record stimulus package to fix ailing economy
Japan is making a major stimulus move to jumpstart that country's economy which has been weakened by the coronavirus pandemic.
Unemployment claims drop to fresh pandemic low
The Labor Department released new data on Thursday morning about the number of Americans filing for unemployment benefits.
As inflation rises at record pace, what impact could Biden’s Build Back Better plan have?
Inflation is surging at its highest rate in decades and politicians are clashing on how to bring it back down. Here's what rising inflation could do to interest rates.
Biden admin plans COVID-19 vaccine production blitz
The Biden administration will reportedly invest billions of dollars into expanding the domestic production of COVID-19 vaccines.
Top Biden economic adviser says $1.75T spending bill will reduce inflation
White House national economic director Brian Deese on Sunday touted the Democrats’ $1.75 trillion social spending and climate package as the solution to reducing inflation.
House Democrats largely downplayed inflation concerns in recent months: 'Not out of control’
House Democrats largely downplayed inflation concerns in recent months, insisting it’s "not out of control" despite the price of goods and gas soaring to record highs.
Fed to begin tapering its assets, economists say it will send interest rates higher
The Federal Reserve announced after its November meeting that it will begin tapering its economic stimulus. Here's what that could mean for interest rates.
Wynn Resorts CEO Matt Maddox to step down in January
Wynn Resorts Ltd CEO Matt Maddox will step down at the end of January and hand over the reins to executive Craig Billings
Job growth surpasses expectations in October: Here's what that means for interest rates
Job growth surged in October, surpassing expectations. With the Fed closely watching the labor market, here's what that means for interest rates.
China's exports stay strong, trade surplus hits $84 billion
China's exports remained strong in October, a positive sign for an economy trying to weather power shortages and COVID-19 outbreaks.
Mortgage applications dip on high prices, low inventory
Mortgage loan applications volume fell 3.3%, according to the latest weekly survey from the Mortgage Bankers Association.
Economic growth slows in Q3 to slowest pace since June 2020: This is how interest rates could be affected
Economic growth slowed in the third quarter, as GDP growth dropped to just 2% in the advanced estimate. Here's what that means for interest rates in the months ahead.
US pending home sales unexpectedly fall in September
Contracts to buy U.S. previously owned homes unexpectedly fell in September likely as some potential buyers delayed purchases amid higher prices.
Delta variant likely slammed brakes on US economic growth in third quarter
The U.S. economy likely grew at its slowest pace in more than a year in the third quarter as COVID-19 infections flared up, further straining global supply chains and causing shortages of goods like automobiles that almost stifled consumer spending.
Del Monte produce raising prices in response to 'unprecedented market conditions' and 'inflationary pressures'
The Del Monte produce company has announced that it will be raising costs on certain products in response to “unprecedented market conditions” and “inflationary pressures.”



















