Inflation is easing, but another alarm bell is ringing about the US economy
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another ...
American economy grew at 2.3% annual rate in Q4 boosted by consumer spending
The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end ...
US consumer spending posts first drop in almost two years
U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record ...
Jobless Claims Hit 3-Month High as Government Layoffs Loom
Applications for U.S. jobless benefits climbed to their highest level in three months, signaling potential turbulence in the ...
Vital Farms CEO says egg shortages will ease later this year, no plans to raise prices
Vital Farms stock rose Friday after the premium egg producer reported fourth quarter results and delivered an update on the bird flu-caused egg shortages.
US inflation cools in January, fueling hopes for a June rate cut
Inflation showed a modest decline in January, even as concerns grew over President Donald Trump’s proposed tariffs. The ...
Are Egg Producers Inflating Prices During the Bird Flu Outbreak?
Retail egg prices had generally remained below $2 per dozen before this outbreak. Prices have more than doubled.
Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov’t report suggests
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
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President Trump’s D.O.G.E will force the Fed to cut interest rates
Mr. Donald Trump has officially found a way to strong-arm the Federal Reserve into cutting interest rates. Not through direct ...
Fed's favorite core inflation measure hits 2.6% in January, as expected
The personal consumption expenditures price index, the Federal Reserve's preferred inflation measure, increased 0.3% for the month and showed a 2.5% annual rate. Excluding food and energy, core PCE ...
US Consumer Spending Falls in January; Monthly Inflation Rises
January's weak consumer spending likely reflected the fading lift from front-running as well as a drag from unseasonably cold ...