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 central bank remains on its increasingly restrictive monetary policy course. The Federal Reserve raised the benchmark short-term interest rate by 0.75% at
The nation’s economy expanded by an estimated annualized rate of 2.6% in the third quarter. That followed two quarters of contraction and lifted sentiment about
Inflation remains elevated and has shown minimal signs of easing. This was evident in the September reports on producer (wholesale) and consumer prices. Indeed
The nation added 263,000 jobs in September. In total, nonfarm payrolls increased by more than 3.75 million positions during the first nine months of 2022
The Federal Reserve’s increasingly restrictive monetary policies and resultant higher Treasury market yields have not been good for stocks for the most part. Th
The inflation situation remains problematic. The August reading on consumer prices came in stronger than expected, with the core-Consumer Price Index (CPI)
U.S. employers added a healthy number of jobs in August and a steady stream of people entering the workforce lifted the unemployment rate, suggesting some
Investors remain focused on the impact of the Federal Reserve’s fight against inflation. Although prices have risen at a pace not seen for decades, recent signs
The U.S. consumer has proven resilient amid the high inflation environment. Although the headline July retail sales figure was flat on a month-to-month basis
