category

Inflation

Manufacturing contracts for third straight month

The Institute for Supply Management (ISM) said that its Manufacturing Purchasing Managers’ Index (PMI) reached of 47.7 last month after reaching 47.4 in January, notching the third straight month of contraction.

Recession is officially underway: Eddie Ghabour

Key Advisors Wealth Management co-founder and CEO Eddie Ghabour tells 'Varney & Co.' the recession is accelerating at a faster pace than the market is pricing in on and Wall Street is about to hit 'new lows.' 

UK grocery price inflation hits record 17.1%

UK consumers cost of buying food has soared 17.1%. Products with fastest growing prices include milk, eggs, and butter as the United Kingdom faces a cost-of-living crisis.

Consumer confidence slips again

Consumer confidence declined in January for the second month in a row according to the latest data, surprising economists who had expected sentiment to rise.

Is the US housing market in a recession?

Marcus and Millichap CEO Hessam Nadji discusses volatility in the current housing market, apartment rent rates falling and the expected Case-Shiller 20-city index data.