‘Really bad economics’: Nobel laureate Joseph Stiglitz explains where the Fed went wrong on inflation
The Federal Reserve “didn’t do their homework” and mischaracterized the spike in inflation that has plagued the U.S. economy over…
U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says
Job creation in the United States slowed more than expected in August, according to ADP, a sign that the surprisingly…
Former White House economic advisor says more Fed hiking is coming
WASHINGTON — A former White House economist on Tuesday said he thinks the Federal Reserve will hike interest rates again…
How much do weddings cost? This one in Las Vegas is just $15
They say love doesn’t cost a thing. But that certainly isn’t true of weddings. In 2022, couples in the United…
European stocks close higher as investors look ahead to fresh economic data
European shares traded higher on the final trading week of August, as traders weighed the prospect of higher interest rates…
Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past
Since he took over the chair’s position at the Federal Reserve in 2018, Jerome Powell has used his annual addresses…
August once again lives up to its dismal reputation for stocks
Wall Street is really suffering through the dog days of August. The S&P 500 is down more than 3% this…
Biden takes a victory lap one year after signing Inflation Reduction Act
WASHINGTON — President Joe Biden celebrated the one year anniversary of the signing of the Inflation Reduction Act, arguing that the…
Fed officials see ‘upside risks’ to inflation possibly leading to more rate hikes, minutes show
Federal Reserve officials expressed concern at their most recent meeting about the pace of inflation and said more rate hikes…
Retail sales increased 0.7% in July, better than expected as consumer spending is holding up
Consumer spending held up well in July as inflation slowed, with retail sales turning in a stronger-than-expected showing for the…
