Consumer spending fell in October, according to new CNBC/NRF Retail Monitor tracking card transactions
The consumer took a spending break ahead of the holiday season, with October retail sales, excluding autos and gas, falling…
Moody’s cuts U.S. outlook to negative, citing deficits and political polarization
Moody’s Investors Service on Friday lowered its ratings outlook on the United States’ government to negative from stable, pointing to…
Fed’s Mary Daly says it’s ‘too early to declare victory’ on inflation
Tighter monetary policy is helping bring down the pace of inflation but not to a level where policymakers should feel…
‘T-bill and chill’: Why Jack Bogle’s strategy of ‘lazy’ investing is making a comeback
Boring investing is making a comeback. With the meme-stock rally in the rearview mirror and interest rates surging, individual investors…
Powell says Fed is ‘not confident’ it has done enough to bring inflation down
Federal Reserve Chairman Jerome Powell said Thursday that he and his fellow policymakers are encouraged by the slowing pace of…
