U.S. Job Openings Dropped in February
The number of job openings fell below 10 million for the first time in nearly two years, a sign that...
Inflation
This is one of the worst times to buy a car in decades. Here’s why | CNN Business
CNN — It has almost never been as hard to buy a new or used car in the United States...
Consumer Spending Moderated in February and Core Inflation Eased
Consumer spending increased a seasonally adjusted 0.2% in February, from January’s revised 2% increase, which was the largest one-month gain...
The Fed’s favorite inflation measure cooled in February | CNN Business
Minneapolis CNN — The Federal Reserve’s preferred inflation gauge cooled back down in February after ticking up unexpectedly the month...
Low Jobless Claims Show Labor Market Shrugs Off Economy’s Clouds
Worker filings for unemployment benefits rose to a seasonally adjusted 198,000 last week but were still historically low, showing that...
Corporate greed is jacking prices higher. It could push customers over the edge | CNN Business
Inflation is ravaging shoppers' wallets and the Federal Reserve has responded by instituting a regimen of painful interest rate hikes...
How the Fed’s latest rate increase will affect your bank savings | CNN Business
Editor’s Note: This is excerpted from a story that originally ran on March 22, 2023. New York CNN — Banking...
Commercial real estate is in trouble. Why you should be paying attention | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
Banks aren’t out of the woods yet and neither is the economy. Here’s why | CNN Business
CNN — Markets seesawed severely this week when two of the US economy’s most prominent leaders gave seemingly contradictory statements...
WSJ News Exclusive | Most Americans Doubt Their Children Will Be Better Off,
A dim view of the economy underpins pessimism about the future and record-low happiness in U.S. Source link
Fed Walks Tightrope Between Inflation and Bank Turmoil—but for How Long?
EconomyCapital AccountCentral bank nods to bank troubles but presses ahead with slightly slower rate increases Source link
Fed Raises Rates but Nods to Greater Uncertainty After Banking Stress
EconomyU.S. EconomyOfficials voted unanimously to increase their benchmark short-term rate by a quarter percentage point Source link
February Retail Sales to Show if Consumers Pulled Back
Credit- and debit-card data showed spending lost momentum. Source link
Jobs Report Offers Little to Change Interest Rate Outlook for the Fed
EconomyOfficials are weighing whether to raise the benchmark federal-funds rate by a quarter-point or a half-point Source link
Fed’s Jerome Powell Says Data Will Determine Size of Next Rate Increase
EconomyU.S. EconomyFebruary reports on hiring, inflation will guide rate decision, central bank chair says in testimony Source link
Bars, Hotels and Restaurants Become the Economy’s Fastest-Growing Employers
Operators of hotels, bars and restaurants—hit hard as the Covid-19 pandemic took hold—are now among the country’s fastest-growing employers, offsetting...
Burned Out, More Americans Are Turning to Part-Time Jobs
Part-time work is exploding.The number of Americans working part time rose by 1.2 million in December and January compared with...
U.S. Households Lifting Economy After Being Stung by Inflation Last Year
EconomyU.S. EconomyWage gains, state tax cuts and cost-of-living adjustments are boosting disposable income Source link
U.S. Trade Deficit Hit Record in 2022
EconomyU.S. EconomyTrade gap rises to $948.1 billion as the U.S. continues to depend on imports to meet domestic demand Source...
Booming Job Gains Could Fuel Fed Debate Over Whether More Is Needed to Corral Inflation
EconomyU.S. EconomyOfficials seeking to fight inflation could face tricky decisions if wage growth slows and hiring stays strong Source link
