Even as job creation surges, Americans still think the economy stinks. Here’s why
The U.S. economy has added more than 2.3 million jobs this year, the unemployment rate is still below 4% and…
Inflation is ‘always going to be a risk’ with the U.S. economy now fundamentally changed, ADP chief economist says
Inflation is “always going to be a risk” in the U.S. due to structural changes in the labor market, according…
JPMorgan’s Marko Kolanovic braces for 20% market plunge, delivers recession warning
JPMorgan’s Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500. According to the Institutional Investor hall-of-famer,…
California woman pleads guilty in $1.6 million counterfeit Series I savings bond scheme
WASHINGTON — A California woman pled guilty to helping process more than $1.6 million in counterfeit Treasury Department Series I…
Bond yields could race through 5% in next couple of weeks, market forecaster Jim Bianco warns
Wall Street forecaster Jim Bianco expects Treasury yields to go a lot higher — and possibly overshoot through 5% in…
The Fed’s favorite inflation indicator rose less than expected in August
An economic indicator the Federal Reserve favors as an inflation gauge rose less than expected in August, showing that the…
Fed’s Neel Kashkari isn’t sure if interest rates are high enough to stop inflation
Minneapolis Federal Reserve President Neel Kashkari said Wednesday he’s unsure whether the central bank has raised interest rates enough to…
Fed’s Neel Kashkari sees 40% chance of ‘meaningfully higher’ interest rates
Minneapolis Federal Reserve President Neel Kashkari thinks there’s nearly a 50-50 chance that interest rates will need to move significantly…
Dimon warns that the Fed could still raise interest rates sharply from here
JPMorgan Chase CEO Jamie Dimon is warning that interest rates could go up quite a bit further as policymakers face…
Two key Fed officials express support for keeping interest rates high
Two Federal Reserve policymakers expressed support Friday for keeping interest rates elevated as the battle against too-high inflation continues. In…
