Wholesale inflation jumps to highest level since April 2023
The producer price index, a key measure of inflation at the wholesale level, rose in March to the highest level in close to a year as high prices persist.
High inflation is costing Americans an extra $1K a month
Inflation has fallen considerably from the highs of mid-2022, but price gains are still costing Americans an extra $227 a month compared to last year.
Fed officials worried inflation progress is stalling, meeting minutes show
Federal Reserve officials expressed concern during their March policy-setting meeting that inflation within the economy could remain uncomfortably high.
Economist warns of urgent US 'debt detox': We're going to be in a recession before people know it
Market forecaster Harry Dent warns of serious economic issues ahead as the country's growing debt shows no signs of slowing.
Inflation accelerates more than expected in March as high prices persist
The Labor Department on Wednesday released the closely watched March consumer price index report, revealing just how hot inflation was running last month.
US national debt interest exceeds defense spending: CBO
Federal spending on servicing the national debt has eclipsed military spending in fiscal year 2024, according to a new report from the Congressional Budget Office.
Labor market woes: US small businesses scale back hiring plans
The NFIB's latest small business jobs report found owners are scaling back their hiring plans in the next three months to the lowest level since May 2020 despite a tight labor market.
March inflation report: another month of 'hot' price gains expected
The Labor Department on Tuesday will release the March consumer price index data, which is expected to show that inflation remained uncomfortably high.
Small business optimism hits lowest level since 2012: NFIB
The NFIB's Small Business Optimism Index slid in March to its lowest level since December 2012 amid concerns about inflation, high interest rates and labor market challenges.
Jamie Dimon warns inflation, interest rates may remain elevated
JPMorgan CEO Jamie Dimon warned that inflation and interest rates could remain high as large amounts of government spending underpin the U.S. economy.
US economy adds 303K jobs in March, much stronger than expected
The March jobs report released on Friday provided a key look at the labor market's health as the economy continues to confront high interest rates and inflation.
What to expect from the March jobs report
The March jobs report, due out Friday morning, is expected to show the labor market is continuing to moderate due to higher interest rates and inflation.
Powell says Fed needs more inflation evidence before cutting interest rates
Federal Reserve Chair Jerome Powell reiterated that policymakers need to see more evidence that inflation has subsided before they cut interest rates.
Private sector job growth rises more than expected in March
Hiring by private U.S. companies rose more than forecast in March, a sign that the labor market remains resilient in the face of higher interest rates.
Wyoming crypto bank not backing down in fight to access Federal Reserve
Custodia, one of four crypto banks in Wyoming, tells FOX Business it believes the judge's decision was wrong, and it’s considering all of its options, including an appeal.
Key Fed inflation gauge, consumer spending rise in February
The personal consumption expenditures price index rose 2.5% last month, in line with expectations. On a monthly basis, prices rose 0.3%, slightly below economists' estimates.
BlackRock CEO Larry Fink tells a 'tale of two parts of the economy'
No S&P bubble, but more rate hikes? BlackRock CEO Larry Fink details a market with large-cap momentum but looming Federal Reserve and macroeconomic uncertainty.
'Shark Tank' star Barbara Corcoran reveals when housing prices ‘will go through the roof’
Once Fed rates reach 6% low, Barbara Corcoran predicts home prices will skyrocket because "everybody's going to charge the market" to "come out and buy."
Fed leaves interest rates unchanged, says three cuts still planned
The Federal Reserve's decision on Wednesday, which was widely expected, keeps the federal funds rate between a range of 5.25% to 5.5%, a 22-year-high.
Fed’s Powell walking tightrope on rate cuts as inflation bites
The Federal Reserve's plan to begin cutting interest rates is being upended by sticky inflation as Americans continue to grapple with higher costs for everyday items.


















