Retailers disclose earnings, possible rail strike, Fed minutes and more: Tuesday's 5 things to know
Events to watch heading into Tuesday include 3Q earnings reports by retailers, Wednesday's Federal Reserve minutes release and a possible rail strike update.
Inflation pushes some Americans to skip Thanksgiving dinner this year: survey
Inflation and an uncertain economy have caused some Americans to skip Thanksgiving dinner this year, a recent survey said.
Bear market is not over yet, and will continue in 2023, Goldman Sachs warns
Goldman Sachs strategists on Monday said that the bear market is not over yet, and it could last through 2023 until the Fed stops hiking interest rates.
Economic index flashes major recession warning sign
The Conference Board's Leading Economic Indicators index fell for the eighth consecutive month, signaling that a recession is looming on the horizon in the U.S.
Home prices could plunge 20% amid risks of 'severe' correction, Dallas Fed says
Fed policymakers need to thread the needle as they try to deflate the housing bubble without bursting it, the Dallas Fed said in a research paper this week.
Existing home sales drop for ninth straight month in October
Sales of previously owned houses fell in October for the ninth consecutive month as rising interest rates pushed potential homebuyers out of the market.
On 'American Dream Home,' a pair of homebuyers seek their 'Color Me Orange Beach' house
Orange Beach, a city on Alabama's Gulf Coast, was exactly where one couple wanted to be — and they looked for their "American Dream Home" with the help of host Cheryl Casone of Fox Business.
Is the Fed preparing to pivot on interest rate hikes? Not so fast, policymakers say
Federal Reserve officials expect to continue raising interest rates despite market hopes for a pause as inflation continues to hover near a 40-year high.
Housing starts fall again in October as high mortgage rates sap demand
Rising interest rates and stubbornly high prices are starting to cool the housing market, with new home construction in the U.S. plunging again in October.
Homebuilder sentiment falls sharply in November as higher mortgage rates bite
Builder sentiment in the market for single-family homes tumbled in November to the lowest level in 10 years, indicating the housing market is officially in a recession.
Retail sales rise faster than expected in October, despite painfully high inflation
The Commerce Department released new retail data on Wednesday, revealing how consumers have responded to rapid and stubbornly high inflation in October.
Americans see higher inflation ahead: NY Fed
Consumers are growing more pessimistic as inflation expectations tracked by the Federal Reserve Bank of New York increased across all horizons, while unemployment expectations deteriorated.
October inflation dips to lowest level so far in 2022 — will it slow the Fed's next rate hike?
The Consumer Price Index (CPI), a measure of inflation, rose 7.7% annually in October, a slowdown from the 8.2% increase in September, according to the Bureau of Labor Statistics.
Economics professor warns October's inflation victory is 'too early,' tries putting a 'political drag' to bed
Fox News contributor Brian Brenberg tells Fox News Digital that an early celebration of a cooler-than-expected inflation report could end up being a "killer" to Main Street.
Inflation still gave millions of workers a pay cut in October, despite slowdown
Millions of workers received a 2.8% pay cut in October when accounting for stubbornly and painfully high inflation, which surged more than expected last month.
October inflation breakdown: Where are Americans seeing prices rise the fastest?
Inflation continued to hover near a 40-year high last month, squeezing Americans in the form of higher prices for basic necessities like groceries, rent and electricity.
Inflation holds grip on US economy in October as prices remain stubbornly high
The Labor Department released the latest inflation data set on Thursday, revealing just how hot consumer prices ran in October as the Fed tries to cool the economy.
October inflation report likely to show consumer prices increased again
The consumer price index likely surged again in October as inflation remains near a 40-year high, continuing to inflict financial pain on millions of Americans.
Fed may need to hike interest rates above 6% to crush inflation, Larry Summers says
Former Treasury Secretary Larry Summers warned this week that the Federal Reserve may need to hike rates above 6% in order to crush unrelenting inlfation.
Midterm elections hold big stakes for US economy as headwinds grow
Winners of the U.S. midterm election will have the power to shape the U.S. economic outlook with powerful fiscal policy including potential tax changes.


















