Economist Claudia Sahm on CNBC’s The Exchange. CNBC The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author of a …
A worker assists with checkout at a Costco store in Teterboro, New Jersey, on Feb. 28, 2024. Stephanie Keith | Bloomberg | Getty Images Retail spending was weaker than expected …
Federal Reserve Bank of Minneapolis President Neel Kashkari sits in the lobby of the Jackson Lake Lodge in Jackson Hole, where the Kansas City Fed holds its annual economic symposium, …
Dried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia, on Friday, March 22, 2024. Ferley Ospina | Bloomberg | Getty Images …
Taylor Swift performs on stage during during “Taylor Swift | The Eras Tour” at Anfield on June 13, 2024 in Liverpool, England. Gareth Cattermole/tas24 | Getty Images Entertainment | Getty …
A measure of wholesale prices unexpectedly decreased in May, adding another piece of evidence that inflation is pulling back. The producer price index, a gauge of prices that producers get …
An electric Ford truck is displayed during the Electrify Expo D.C. in Washington, D.C., on July 23, 2023. Nathan Howard | Getty Images Ford Motor is ending a controversial electric …
The Federal Reserve on Wednesday kept its key interest rate unchanged and signaled that just one cut is expected before the end of the year. With markets hoping for a …
Don’t get too excited about rate cut prospects just yet, even post CPI, Principal’s Shah says May’s consumer price index reading – which was flat on a monthly basis and …
The consumer price index showed no increase in May as inflation slightly loosened its stubborn grip on the U.S. economy, the Labor Department reported Wednesday. The CPI, a broad inflation …