The Fed may tell you inflation is under control. And by most measures, it is. But don’t tell that to the millions of people who are planning to celebrate America’s Independence Day with a barbecue. FOX Business put together its own July Fourth bash, replete with classics like cheeseburgers, fun sides and, of course, beer. The tab will run you $70.60 for a party feeding about 12 people, a 2.7% jump from $68.73 last year. Meanwhile, hourly earnings have risen about 2% over the same time period, according to the Labor Department. The good news: Potato chips and American cheese are much cheaper this year than last. The bad news: Ground beef and chicken breasts are significantly more expensive. Here’s a look at the tab, compiled using Labor Department data from the month of May.
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U.S. stock-index futures slumped on Wednesday as traders reviewed a duo of disappointing economic reports.
U.S. equity markets were little changed near all-time highs on Monday as traders digested mixed global economic data.
U.S. stock-index futures were little changed on Monday as upbeat news from China balanced disappointing European data.
U.S. stock-index futures tilted slightly higher on Friday, suggesting the broad S&P 500 will likely open near record highs.
U.S. stock-index futures were in a holding pattern on Wednesday as traders awaited a policy decision from the Federal Reserve.
U.S. stock-market indexes climbed on Friday as Intel rallied, but data on consumer sentiment disappointing traders.
Wall Street extended its slump for another day as traders eyed weaker-than-expected data on U.S. retail sales.
The Dow crawled to a new record high on Tuesday, while the S&P 500 ticked lower on a mixed day for Wall Street.
U.S. equity markets built on record highs on Monday as traders reviewed a slew of M&A deals.