The inflation fight faces a 'difficult' last mile
Inflation has fallen sharply from the highs notched in 2022, but the fight against price pressures risks stalling out in the final milestone of the battle.
When will the Federal Reserve start to cut interest rates?
The Federal Reserve is widely projected to cut interest rates this year, even after the December inflation report came in hotter than economists expected.
The housing shortage is finally starting to ease
The total number of homes for sale on the market rose in December for the second straight month, a sign the housing shortage is finally starting to ease.
Wholesale inflation cools more than expected in December
The Labor Department said Wednesday the producer price index moderated in December, a sign that price pressures in the economy are beginning to abate.
Inflation climbs faster than expected in December as high prices persist
The Labor Department released the closely watched December consumer price index report Thursday, revealing just how hot inflation was running last month.
December inflation report likely to show prices ticked higher last month
The Labor Department on Thursday will release the December consumer price index data, which is expected to show that inflation inched higher last month.
Mortgage demand surges at start of new year even as interest rates rise
A key measure of home-purchase applications rose 9.9% in the first week of 2024, even as mortgage rates moved higher to start the new year, new data shows.
US national debt tops $34T: How much debt is too much debt?
The U.S. national debt surpassing $34 trillion this month for the first time in history, which raises new questions about how large a debt burden the U.S. economy can tolerate.
US economy starting to look 'more like the 1970s,' JPMorgan Chase's Jamie Dimon says
JPMorgan Chase CEO Jamie Dimon expresses concerns over whether Americans are ready for a 70s stagflation state with high inflation and zero economic growth.
Americans' inflation expectations drop to lowest level in 3 years, NY Fed survey shows
A New York Federal Reserve survey released Monday shows consumers are bracing for inflation to remain above the central bank's 2% target in the long term.
December jobs breakdown: Which industries hired the most workers last month?
Job growth picked up in December thanks to strong hiring in health care and the government, but payroll creation slowed in other parts of the economy.
US economy adds 216K jobs in December, beating expectations
The December jobs report released Friday provided a key look at the labor market's health as it continues to confront high interest rates and inflation.
December jobs report may show 'cooling trend' in the labor market
The December jobs report, due Friday morning, is expected to show the labor market is continuing to moderate due to higher interest rates and inflation.
Private sector job growth rises more than expected in December: ADP
Hiring by private U.S. companies rose more than forecast in December, a sign that the labor market remains resilient in the face of higher interest rates.
Fed meeting minutes indicate interest rate cuts could be coming in 2024
Federal Reserve meeting minutes released Wednesday indicate that central bank officials think interest rates are at their peak in this tightening cycle.
Job openings fall in November to fresh 2-year low
The number of available jobs in the U.S. continued to fall in November to 8.79 million, a sign the labor market is cooling amid higher interest rates.
S&P 500 ends 2023 just shy of record, ushering in 2024 election year
The S&P 500 and Dow Jones Industrial Average are riding into 2024 with fresh highs and optimism that stocks can keep climbing into the new year.
Will the Federal Reserve cut interest rates in 2024?
At its final meeting of the year, the Federal Reserve hinted that its inflation fight is at an end — and that interest rate cuts are on the way in 2024.
Fed's favorite inflation gauge cooled more than expected in November
An inflation measure that is closely watched by the Federal Reserve moderated in November, evidence that higher consumer prices are continuing to cool.
Housing affordability plummeted to lowest level on record in 2023
Housing affordability fell in 2023 to the lowest level on record as a result of an inventory shortage, a steep rise in mortgage rates and high home prices.















