Producer prices, Fed minutes and more: Wednesday's 5 things to know
The economy and inflation will be watched closely this week with reports on producer and consumer prices.
Economist Mohamed El-Erian takes grim IMF inflation warning seriously: 'This is a big deal'
Economist Mohamed El-Erian blamed the Fed for making inflation worse by mischaracterizing the meaning of transitory and not acting "boldly enough" last year.
Government officials invest in companies their agencies oversee
Greater than 20% officials in senior positions, at the 50 U.S. Federal Agencies the Journal reviewed, had a conflict of interest in their stock choices.
As inflation rages, more Americans are struggling to pay their bills
Close to one-third of Americans are having difficulty paying their bills on time as a result of the hottest inflation in decades, with the cost of most goods climbing higher.
Americans' inflation expectations dropped again in September, New York Fed says
The New York Federal Reserve released a closely watched survey on Tuesday revealing that Americans' inflation expectations dropped in the short-term again.
IMF warns 'worst is yet to come' for global economy as recession risks rise
The global economy is headed for "stormy waters," the International Monetary Fund warned in its latest Global Economic Outlook, amid growing threats of a deep, worldwide recession.
Fed vice chair talks inflation, hotels hit by crime wave and more: Tuesday's 5 things to know
On Tuesday, traders will be watching as some big names – including Pepsi, Citigroup, Wells Fargo and Delta Airlines – are set to announce 3Q earnings later in the week.
Fed's Brainard warns higher interest rates will further slow US economy
Interest rates will need to remain elevated for "some time," according to Federal Reserve Vice Chair Lael Brainard, as the central bank tries to tame inflation.
Former OMB director warns recession 'pain' is coming as Biden's economic policies hinder Fed
Former White House OMB Director Russ Vought argues Biden's economic policies are driving the Fed to raise interest rates and pushing the economy into recession.
Over-aggressive Fed risks triggering deeper recession, NABE survey shows
A new NABE survey released on Monday shows that panelists think the U.S. economic outlook is increasingly skewed to the downside as the Fed hikes interest rates.
'Shark Tank's' Robert Herjavec most worried about Fed's 'maniacal' rate hikes weakening the economy
Cyderes CEO and "Shark Tank" star Robert Herjavec argues the economy will "hit a wall" and stop growing if the Federal Reserve continues its aggressive rate hikes.
Nobel prize in economics awarded to trio including former Fed Chair Ben Bernanke
The award to Bernanke cited a 1983 publication establishing bank failures as key to the transformation of an economic recession into the most severe depression of the 20th century.
Economist Mohamed El-Erian says US economy ‘on bumpy journey to better destination’
Economist Mohamed El-Erian said Sunday that while the U.S. economy is heading in the right direction, the Federal Reserve may make another error that could bring a recession.
Yellen says OPEC oil production cuts bad for global economy
Treasury Secretary Janet Yellen called the oil production cut by OPEC+ "unhelpful and unwise" for the global economy.
September jobs report could solidify another super-sized Fed rate hike
The September jobs report is unlikely to deter the Federal Reserve from approving a fourth straight 75-basis-point interest rate hike when officials meet next month.
September jobs report breakdown: Which industries hired the most workers?
The Labor Department reported on Friday that U.S. employers added 263,000 workers in September, with hiring at bars and restaurants helping to boost the headline number.
US job growth slows again in September with just 263,000 positions added
The Labor Department's September jobs report provided a key snapshot of the labor market's health amid growing fears that the U.S. is headed for a recession.
September jobs report likely to show hiring cooled but remained healthy
The Labor Department will release the September jobs report on Friday morning, which is expected to show that hiring slowed but remained healthy last month.
Jobless claims rise more than expected as labor market starts to cool
New applications for unemployment benefits increased more than expected last week as the job market starts to cool off amid the Federal Reserve's fight against inflation.
WTO warns 'darkened' trade outlook could worsen as economic crises converge
Global trade is expected to grind to a halt next year as a result of a convergence of economic crises including spiking energy prices and higher interest rates.

















