Retail sales figures suggest consumers are pulling back
The latest figures, for April, suggest that rising prices, high interest rates and depleted pandemic savings may finally be weighing on spending.
The latest figures, for April, suggest that rising prices, high interest rates and depleted pandemic savings may finally be weighing on spending.
Chicago Fed President Austan Goolsbee talks the latest CPI release and what it means for the Fed's continued fight against inflation.
Necoclí, Colombia, is a key stop on the migratory route to the U.S. Traditionally dependent on tourism, its economy has shifted to serve migrants.
Loans are a big cost, but they would muddle the data in the CPI. Fed rate hikes would essentially create inflation, despite their intention.
School districts across the country have relied on a combined $190 billion in federal money for more than three years. But time’s up: the funds have to be accounted for by Sept. 30.
Workers clearing Key Bridge debris include members of the Coast Guard, Army Corps of Engineers, Navy and civilian salvagers.
Both used tariffs to support American jobs and industries. But the Biden administration's have been higher and more targeted.
We'll need the lines to connect solar and wind power to new data centers, electric cars, heat pumps and so on.
Shortsellers have now lost more than $2.2 billion as the company’s shares have risen.