Stocks slide as inflation worries linger
U.S. stocks slid Wednesday as investors fretted over inflation as they awaited word on President Biden's pick to head the Federal Reserve.
Big money investors growing more optimistic inflation is 'transitory'
More big money investors say inflation is "transitory."
Housing starts unexpectedly drop as materials shortages persist
U.S. homebuilding unexpectedly slowed in October as builders continued to struggle with higher costs and supply shortages.
Stocks just miss records as retail sales jump
U.S. stocks rallied to just shy of record highs Tuesday as traders celebrated a jump in retail sales a day after President Biden signed the $1.2 trillion bipartisan infrastructure bill.
Homebuilder confidence rises as strong demand counters supply chain constraints
Homebuilder confidence rose in November as low inventories and strong buyer demand helped boost confidence despite ongoing supply chain disruptions.
Retail sales accelerate as supply chain crisis causes earlier start to holiday shopping season
Consumer spending accelerated in October as shoppers kicked off the holiday shopping season earlier than usual due to the supply chain bottlenecks.
Stocks slip as Biden signs infrastructure bill
U.S. stock indexes slipped Monday as President Biden prepared to sign the $1.2 trillion infrastructure bill into law.
Tyson Foods plans further price hikes to offset inflation pressures
Tyson Foods Inc. is planning further price increases to offset soaring costs.
Inflation may pave way to recession: Peter Schiff
Soaring inflation is going to get worse and will have dire consequences for the U.S. economy, according to one economist.