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
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
The nation created 528,000 jobs in July. That figure far outpaced the consensus expectation calling for a roughly 275,000 increase. Through the first seven
The U.S. economy has been performing in a mixed fashion lately. According to the widely held definition (two consecutive quarters of contracting gross domestic
The first six months of 2022 brought a significant correction for stock owners. Indeed, the U.S. stock market recorded its worst first-half performance in more
The U.S. economy remains in relatively good shape, as highlighted by the May employment report. According to the Labor Department, 390,000 nonfarm payroll jobs
April’s pricing data did little to assuage concerns about inflation. Both the Consumer and Producer Price Indexes came in above expectations, with respective 12
The Federal Reserve raised the benchmark short-term interest rate by one-half a percent (“50 basis points”) at this month’s Federal Open Market Committee (FOMC)
While the U.S. economy contracted by an annualized rate of 1.4% in the first quarter, some other economic indicators have been positive. The headline negative
There is little relief in sight on the inflation front. The Consumer and Producer Price Indexes for March jumped 8.5% and 11.2% year over year, respectively
The nation’s economy added 431,000 non-farm payrolls in March, with a pickup in the more highly-compensated manufacturing and professional and business services