Inflation rises more than expected in September as high prices persist
The Labor Department released the closely watched September consumer price index report on Thursday, revealing just how hot inflation ran last month.
September inflation report likely to show prices 'still too hot to handle'
The Labor Department on Thursday will release new September consumer price index data, which is expected to show that inflation remained unusually high.
Fed meeting minutes indicate interest rates could remain high for 'some time'
Federal Reserve meeting minutes released Wednesday indicate that central bank officials expect to hold interest rates at elevated levels for "some time."
Wholesale inflation accelerates more than expected in September
The Labor Department said Wednesday that its producer price index, which measures inflation at the wholesale level, surged more than expected in September.
Atlanta Fed chief Bostic doesn't see a need for more rate hikes
Atlanta Federal Reserve Bank President Raphael Bostic said he thinks the Fed's rate hikes to date may have been enough to bring down inflation without the need for another.
Americans see high inflation sticking around in latest New York Fed survey
A New York Federal Reserve survey released Tuesday shows consumers are bracing for inflation to remain above the central bank's 2% target in the long term.
Housing inventory remains painfully low as shortage persists
The total number of homes for sale on the market tumbled in September for the fifth straight month, a sign the housing shortage is continuing to deepens.
September jobs breakdown: Which industries are hiring the most workers?
Job growth was stronger than expected in September, thanks to a flurry of hiring by state and local governments, bars and restaurants and doctors' offices.
U.S. job growth surges past expectations in September
Job growth was significantly higher than economists expected in September. But this strength in the economy could cause the Fed to continue raising rates at its next Federal Open Markets Committee (FOMC) meeting in November.
US economy adds 336,000 jobs in September, blowing past expectations
The September jobs report released Friday provided a key look at the labor market's health as it continues to confront high interest rates and inflation.
What to expect from the September jobs report
The September jobs report, due Friday morning, is expected to show the labor market is continuing to moderate due to higher interest rates and inflation.
Mortgage rates race toward 8% as demand plummets to three-decade low
Home-purchase applications tumbled last week to the lowest level in nearly three decades as high interest rates and limited availability weighed on demand.
Private sector job growth cools sharply in September to slowest pace since 2021: ADP
Hiring by private U.S. companies cooled sharply in September, indicating that the labor market is beginning to soften as a result of higher interest rates.
Dow now negative for year as rising yields hit stocks
As bond yields climb to 16-year highs, investors are trading stocks for low- to no-risk options, creating headwinds for the Dow, S&P 500 and Nasdaq Composite.
Job openings unexpectedly jump in August
The number of available jobs in the U.S. unexpectedly rose in August to 9.6 million, a worrisome sign for the Federal Reserve in its war against inflation.
Key Fed inflation gauge accelerated again in August as high prices persist
An inflation measure that is closely watched by the Federal Reserve accelerated in August, underscoring the challenge in combating steep consumer prices.
Mortgage rates hit 23-year high: Freddie Mac
Mortgage rates hit their highest point in more than two decades. But as high home prices and rates weigh down on homebuyers, many sellers are willing to negotiate.
Americans to deplete pandemic era savings by end of Q3
After accumulating record breaking excess savings in the COVID-19 recession, Americans could soon deplete these reserves, the San Francisco Fed reported.
Election 2024: Inflation, rising interest rates and take home pay
Inflation and rising interest rates are costing consumers and spooking markets, creating further headwinds for the U.S. economy just as the 2024 season election kicks into gear.
Mortgage demand slumps as rates surge to 23-year high
Home-purchase applications slumped again last week as mortgage rates surged to the highest level since 2000, rapidly cooling demand among would-be buyers.


















