The nation added an estimated 143,000 jobs in January. That figure fell short of the consensus forecast of 169,000 and was less than half the gain produced in
The Federal Reserve’s progress on the inflation front has stalled in recent months. The Personal Consumption Expenditures (PCE) Price Index, the gauge of
What financial habits have helped you most in life?
Which ones have held you back?
No matter how you answer those questions, your money habits have a lot to do
The Federal Open Market Committee (FOMC) held the federal funds rate in the range of 4.25% to 4.50% at its January meeting. This may prove to be the first in a
The Federal Reserve may not cut the benchmark short-term interest rate again before midyear. That is because the rate of inflation, as reflected by the pace of
The nation added an estimated 256,000 jobs in December. That figure far exceeded the consensus forecast of 155,000 and was 44,000 above the revised November
The Federal Reserve will hold its first Federal Open Market Committee (FOMC) meeting of 2025 at the end of this month. Sentiment is that the FOMC will keep the
The new year begins with some unanswered questions for the Federal Reserve. The biggest one is whether inflation will remain a problem for the central bank in
Is your retirement savings on track?
If you’re like most people, you may feel it’s not. In fact, concerns about running out of money in retirement are very
The nation’s economy continues to hold up nicely, and it is unlikely that a recession is looming on the horizon. GDP (gross domestic product) expanded at an
The U.S. economy is performing well as 2024 draws to a close. The 12-month advance has been driven by the consumer sector, with growth in the services area at
The nation added an estimated 227,000 jobs in November. That tally exceeded the consensus forecast of 214,000 and was a big recovery from the hurricanes and
