The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator
The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author…
May retail sales rise 0.1%, weaker than expected
Retail spending was weaker than expected in May as consumers continued to wrestle with stubbornly higher levels of inflation. Sales…
Activist Starboard amasses Autodesk stake, weighs suit over delayed probe disclosure
Starboard Value, the activist fund run by Jeff Smith, has taken a sizable stake in graphics design firm Autodesk and has spoken with…
Wholesale prices unexpectedly fell 0.2% in May
A measure of wholesale prices unexpectedly decreased in May, adding another piece of evidence that inflation is pulling back. The…
Fed holds rates steady, indicates only one cut coming this year
The Federal Reserve on Wednesday kept its key interest rate unchanged and signaled that just one cut is expected before…
Inflation slows in May, with consumer prices up 3.3% from a year ago
The consumer price index showed no increase in May as inflation slightly loosened its stubborn grip on the U.S. economy,…
