US car rental prices could double by August amid nationwide shortage
It’s going to be a scorcher of a summer when it comes to car rental prices, The Post has learned.
Federal Reserve elects to hold interest rates at 0%
Emerging from its June meeting, the Federal Reserve announced it is not taking action on the federal funds rate, which will remain at the target 0% to 0.25% range.
Stock futures trade cautiously ahead of Fed policy decision
U.S. equity futures are little changed ahead of the Wednesday trading session and the conclusion of the Federal Reserve's policy meeting.
Fed expected to signal start of monetary policy shift debate
Federal Reserve officials on Wednesday are expected to at least flag the pending start of talks about when and how to exit from the crisis-era policies the U.S. central bank put in place at the onset of the coronavirus pandemic last year.
Producer prices surge 6.6% annually, most on record
Producer prices rose in May by the most on record as the reopening of the U.S. economy from COVID-19 lockdowns gathered momentum.
US stock futures edge higher to start the week
U.S. stock futures edged up to start the week after the S&P 500 hit another record close and notched its third consecutive week of gains.
The best and worst state economies in 2021
The U.S. economy took a major hit the past year due to the coronavirus pandemic, but certain states handled the crisis differently and are contributing more to the nation's GDP than others.
Homebuyers sought out affordable markets in 2020, leaving major cities behind
The housing market remained active throughout the pandemic but movers may have taken into account the effects of the economic downturn – research shows that many people chose to move to a more affordable area in 2020.
Stock futures poised for gains to end the week
U.S. equity futures were trading higher the morning after the S&P 500 notched another record high despite a surge in consumer prices in May.
Inflation spike could force Fed's hand on tapering asset purchases
A key inflation gauge that revealed consumer prices rose at their fastest pace in decades last month could prompt the Federal Reserve to start laying the groundwork to begin curtailing its massive monetary support to the U.S. economy.
Stock futures trade cautiously ahead of key inflation report
U.S. equity futures are trading mixed ahead of the latest inflation-related report.
Home prices near record even as mortgage applications drop
Interest in purchasing a home remains high even as prices rise, although overall mortgage application demand has declined.
Global economy poised for strongest post-recession growth in 80 years, World Bank says
The global economy is on track to grow at the fastest post-recession pace in 80 years, thanks to steady – but uneven – vaccine distribution, the World Bank said in a new report released Tuesday.
Market is ‘ready’ for Fed tapering: Mohamed El-Erian
Queens College Cambridge President Mohamed El-Erian on Treasury Secretary Yellen welcoming higher interest rates.
Biden to launch task force on bottlenecks in supply chains
The Biden administration sets out to increase domestic manufacturing, limit supply chain shortages, and become less reliant on competitors, specifically China, in addition to tackling the computer chip shortage.
Stock futures trade cautiously ahead of jobs report
U.S. equity futures were trading tentatively higher ahead of the release of the most anticipated economic report of the month, the May employment report.
Jobs data to show whether worker shortages still slow hiring
The most watched economic report of the month will be released Friday morning.
Hackers targeting financial services sector as more consumers bank online, data show
Cybercriminals are honing in on the financial services industry as more consumers shifted to digital transactions during the pandemic.
Stock futures point lower ahead of employment-related reports
U.S. equity futures are trading lower ahead of the release of the first employment-related reports of the week.
Stock futures trade cautiously after lackluster session
U.S. futures are trading mixed following Tuesday's session as investors look ahead to the latest employment data at the end of the week.



















