The new year begins with questions about the U.S. economy still unanswered. Wall Street typically does not like such uncertainty; and hence the selloff in both
Both the stock and bond markets performed poorly in 2022. This is a rare occurrence, as equities and bonds typically have an inverse relationship. But against
The Federal Reserve rendered its final monetary policy decision of 2022. At its mid-December Federal Open Market Committee (FOMC) meeting, the central bank
Set up through your employer, flexible spending accounts—also called FSAs or flex accounts—allow employees to put pre-tax dollars into an account with a linked
The Federal Reserve continues to walk a tightrope in its battle to tame inflation. The central bank has been very aggressive in raising the benchmark short-term
The nation added an estimated 263,000 jobs in November. The better-than-expected tally brought the estimated total jobs created over the first 11 months of 2022
The attention of Wall Street will turn to the Federal Reserve’s next monetary policy decision. The two-day Federal Open Market Committee (FOMC) meeting, which
Deal-hunting Americans shrugged off sky-high inflation on Black Friday, spending in record-breaking numbers online even as brick-and-mortar stores enjoyed the
The consumer will likely move into the spotlight now that the holiday season has arrived. Notably, retail sales rose 1.3%, month over month, in October, which
The October price data may prove to be an inflection point in the battle to tame inflation. The Consumer Price Index (CPI) rose 0.3% and 7.7% on a month-to
The central bank remains on its increasingly restrictive monetary policy course. The Federal Reserve raised the benchmark short-term interest rate by 0.75% at
