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Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 2 days ago“Although the domestic economy looks to be slowing back toward trend, the labor market remains...
Fed's Mester: Important not to wait too long to cut rates
The Forex Market· 10 minutes agoIn an interview with CNBC on Friday, Cleveland Federal President Loretta Mester said that it is...
Stock Market News for June 14, 2024
Zacks via Yahoo Finance· 2 hours agoWall Street closed mixed on Thursday, driven by tech stocks. A couple of indexes posted record closing highs again based on softer-than-expected...
These 5 U.S. cities have been hit hardest by inflation
CBS News via Yahoo Finance· 2 hours ago"Those higher...airfare, furniture, clothing, new vehicles, energy and recreation fell in May,...
The 3 Best Retail Stocks to Buy in June 2024
InvestorPlace· 4 hours agoThe rise of the best retail stocks to buy is deeply embedded in the ongoing inflation story. The U.S. Federal Reserve stepped in by raising interest...
Consumer sentiment hits lowest level in 7 months
Yahoo Finance· 27 minutes agoBroadly, the decline in the index represents a continued trend among consumers who are fed up with higher prices regardless of whether inflation is...
US weekly jobless claims at 10-month high as labor market eases; inflation cooling
Reuters via Yahoo Finance· 1 day agoThe number of Americans filing new claims for unemployment benefits increased to a 10-month high...
Yellen: US Labor Market Has Become ‘More Normal’
PYMNTS.com· 20 hours agoAmerica’s job market is starting to resemble its pre-pandemic self, says Treasury Secretary Janet Yellen. Speaking to CNBC Thursday (June 13), Yellen...
US economic outlook: September still in play
The Forex Market· 5 hours agoCore inflation eased for the second consecutive month in May according to the CPI, posting the smallest monthly increase since August 2021. Fed Chair...
Americans Are Mad About All the Wrong Costs
The Atlantic· 4 hours agoFour years ago, the coronavirus pandemic kinked the planet’s supply chains, causing shortages of everything from semiconductor chips to box fans....