Inflation proving stickier than expected has dashed hopes for quick Fed rate cuts

Inflation isn’t moving down as quickly as the Federal Reserve hoped, forcing investors to dig in…

Inflation comes in hotter than expected at 0.9% in January in producer price index

Wholesale inflation, as measured by the producer price index, declined slightly to 0.9% for the year ending in January but…

Democrats may be hurting themselves politically by targeting tech companies helping the stock market soar

Since Bill Clinton strategist James Carville pronounced, “It’s the economy, stupid,” to explain how Democrats would…

Economy started 2024 strong with 353,000 jobs in January

The economy again beat expectations in January and added 353,000 jobs, the Bureau of Labor Statistics…

Consumer confidence hits two-year high as inflation moderates

Consumer confidence in January is the highest it has been in two years, good news for the economy as…

Job openings ticked up in December

The number of job openings in the United States increased by 100,000 to 9 million in December, positive news for…

Economy grew 2.5% in 2023, holding strong despite high interest rates

The economy grew 2.5% in 2023, defying fears of a recession and outperforming expectations despite a…

Why China will sink deeper into economic doom

In 2024, China will sink deeper into the tar pit of economic stagnation caused by statism…

Investors still expect Fed to cut rates soon despite two reports showing inflation went up

Investors are shrugging off two reports this week that showed annual inflation ticked up last month,…

Inflation rises slightly to 1% in December in producer price index

Wholesale inflation, as measured by the producer price index, ticked up slightly to 1% for the year ending in December…

Inflation rate ticked up to 3.4% in December as Fed eyes pivot

Inflation ticked up to 3.4% for the year ending in December, an unwelcome development as the…