Recent Stories
There’s more bad news for potential homebuyers: Prices just hit another record
US home prices rose at the fastest clip in months to a fresh record high in January, according to data released Tuesday, highlighting how a housing shortage combined with high mortgage rates continues to limit affordability.
Prices ticked higher in February, but there’s good news at the grocery store
Higher prices at the gas pump pushed up inflation more than expected in February, according to the latest Consumer Price Index from the Bureau of Labor Statistics.
US economy added 275,000 jobs in February; labor market continues steady growth
The US economy added 275,000 jobs last month, the Bureau of Labor Statistics reported Friday, as the labor market continues to beat expectations.
What to expect in Friday’s jobs report
Don’t be surprised if Friday’s jobs report shows that February’s employment gains were far below those reported for January.
Fed’s favored inflation gauge eases to slowest pace in more than two years
Rising prices continued to loom large in January, but new data released Thursday showed that inflation is still on a downward — albeit bumpy — path toward the Federal Reserve’s 2% target.
Inflation cooled last month; some price hikes continue to cause pain
Price hikes eased off less than expected in January but still offered a hint of relief for Americans who have suffered through some of the steepest price hikes in four decades.
Yellen: It’s ‘obvious’ empty office buildings create banking stress/losses
High commercial real estate vacancies are expected to create some stress for smaller banks, Treasury Secretary Janet Yellen said Thursday. However, she said she does not see them as causing a systemic risk to the nation’s financial system.
The US economy added 353,000 jobs in January, starting off 2024 with a bang
The US economy added a stunning 353,000 jobs last month, according to Bureau of Labor Statistics data released Friday, registering a stronger-than-expected gain to kick off 2024 and underscoring the resilience of the US economy in an election year.
US economy adds 353,000 jobs in January; 2024 starts with a bang
The US economy added a stunning 353,000 jobs last month, according to Bureau of Labor Statistics data released Friday, registering a stronger-than expected gain to kick off 2024.
Fed Chair Powell says job market still strong - see breakdown
On Friday, the Bureau of Labor Statistics will deliver the first jobs report for 2024, and it’s expected to underscore the strength of the US economy despite 11 rate hikes from the Federal Reserve.
