Tag: Inflation
Amid weak hiring and White House attacks, the Fed lowers rates—its first move in 2025 and a test of Powell’s independence | Fortune
The Federal Reserve lowered interest rates by a quarter of a percentage point on Wednesday, delivering the long-awaited cut which Powell hinted at last...
Dow futures edge up as recession fears grow while Wall Street awaits the one thing that could derail Fed rate cuts
Stock futures were little changed on Sunday evening as investors brace for fresh inflation data and political turmoil overseas that could ripple through the...
The housing market is no longer a wealth-building engine as home prices continue to slump
High home prices and mortgage rates have created unaffordable conditions for many Americans, but the housing market’s ability to create more wealth has sputtered.
That’s...
PCE data paints a solid picture, but hidden cracks show tariffs quietly squeezing U.S. consumers—and weak job growth could put them over the edge
On paper, the July personal income and outlays report on Friday looked solid. Personal income rose 0.4% on a monthly basis, spending increased 0.5%,...
Stocks retreat from all-time highs after new inflation report shows prices remain elevated
Stocks are losing ground on Wall Street in early trading Friday, pulling the market down from its latest all-time highs, after a closely watched...
Trump’s war on the Fed has created a ‘twist steepener’ in the bond market and it’s hurting the dollar
A “twist steepener” in the bond market is widening the gap between short- and long-term U.S. Treasury yields. This dynamic is dragging the dollar...
Dollar General builds a rural delivery edge over Walmart and Amazon—and it’s taking their higher-income shoppers, too
Dollar General’s Q2 earnings make one thing evident – the discounter is no longer just competitive on price. It’s quietly building a delivery and...
‘It’s like when you see the tsunami coming in’: Agricultural economists are sounding the alarm about produce prices doubling
Milk prices jumping from $7 to $14, strawberries that feel like a luxury good, and a switch to processed food: This is the 6-month...
Americans think you should land your dream job by 29, buy your first home at 30, and earn six figures by 35—they’re in for a reality check
Americans love to keep an imaginary list of life milestones–buy a home, start a family, hit six figures, all complete with age expiration dates....
Investors are ignoring the coming wave of tariff-driven inflation, Deutsche Bank warns
One of the central mysteries inside President Trump’s tariff plan is, where is the inflation?
Once all the new levies are in place—the latest is...
