Economy

Wednesday’s big CPI inflation report could mark a change in thinking for the Fed

The news Tuesday was good for inflation, and investors hope it will get even better Wednesday when the Labor Department…

Wholesale inflation measure rose 0.1% in July, less than expected

A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal Reserve…

Three-year inflation outlook hits record low in New York Fed consumer survey

Consumers grew more confident in July that inflation will be less of a problem in the coming years, according to…

Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut

Wharton School Professor Jeremy Siegel no longer thinks it’s vital for the Federal Reserve to implement an emergency interest rate…

Trump says he should get a say on Federal Reserve interest rate decisions

Republican presidential nominee Donald Trump on Thursday said that he should have a voice when the Federal Reserve makes its…

Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market

Initial claims for unemployment insurance totaled less than expected last week, countering other signs that the labor market is weakening.…

No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says

Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand…

‘The summer job is back’: Teens enter the labor force as employers dish out higher wages, perks

Dailey Jogan was pleased to learn she would get $15 an hour and a handful of perks as the head…

Jobless rates fall in July for Asian Americans, bucking the overall trend

The unemployment rate fell for Asian Americans from June to July, bucking a broader trend, according to data released Friday…