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...
Inflation
What the banking crisis means for mortgage rates | CNN Business
Washington CNN — Mortgage rates have taken would-be buyers on a ride this year — and it’s only March. Generally,...
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
Five big takeaways from the Fed’s extraordinary meeting | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
What to do with your money now that the Fed just raised rates for the ninth time | CNN Business
Editor’s Note: This is an updated version of a story that originally ran on February 1, 2023. New York CNN...
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
The banking meltdown put the Fed in a bind | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
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
The US economy added 311,000 jobs in February, outpacing expectations | CNN Business
Minneapolis CNN — The US economy added 311,000 jobs in February, according to the latest monthly employment snapshot from the...
All this good economic news might actually be bad news for average Americans | CNN Business
New York CNN — The US economy has been remarkably resilient, defying a year’s-worth of recession calls. From the labor...
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...
The devil’s in the details in Europe’s troubling inflation data | CNN Business
London CNN — Inflation in Europe fell again in February, though not as sharply as expected, and national data showed...
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
Are we on the brink of a corporate credit crisis? | CNN Business
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In a market that’s gone mad, investors can embrace these dependable stocks | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
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...
