Wholesale prices rose 0.5% in April, more than expected
Wholesale prices jumped more than expected in April, putting up another potential roadblock to interest rate cuts anytime soon. The…
Yellen says Chinese response possible on expected U.S. tariff action
The United States could see a significant response from China following any U.S. tariff actions, U.S. Treasury Secretary Janet Yellen…
Inflation outlook rises, fueled by expected increases for housing costs, New York Fed survey shows
Consumers in April raised their expectations for price increases both in the near and longer term, fueled by higher inflation…
This inflation-focused ETF may be in a sweet spot
It’s an exchange-traded fund designed to profit from higher rates. But even if the Federal Reserve starts to cut this…
Behind America’s divided economy: Booming luxury travel and a jump in ‘relief’ loans
At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending…
Consumer sentiment tumbles as inflation fears surge
Consumer sentiment slumped as inflation expectations rose, despite otherwise strong signals in the economy, according to a closely watched survey…
