Economy The budget deficit is expanding, and interest payments on the national debt will exceed $1 trillion.businessinvestopedia.comSeptember 12, 2024
CPI inflation rate for April 2024: Consumer prices increased by 0.3%By businessinvestopedia.comMay 15, 20240 Inflation eased slightly in April, giving consumers at least some reassurance, but it remains above levels that suggest a rate…
Here’s everything you can expect from Wednesday’s key report on inflationBy businessinvestopedia.comMay 14, 20240 People shop in the food section of a retail store on January 19, 2024 in Rosemead, California.Frederick J. Brown |…
Wholesale prices rose 0.5% in April, higher than expectedBy businessinvestopedia.comMay 14, 20240 Wholesale prices rose more than expected in April, potentially creating new obstacles to rate cuts soon.The producer price index, a…
Inflation outlook rises on housing costsBy businessinvestopedia.comMay 13, 20240 Consumers increased their expectations for short-term and long-term price increases in April due to higher inflation in fuel and energy…
The United States has now surpassed China as Germany’s largest trading partner.By businessinvestopedia.comMay 10, 20240 The flags of the United States and Germany are hoisted on the table during the bilateral meeting between German Economics…
Weekly jobless claims surged to 231,000, the highest level since AugustBy businessinvestopedia.comMay 9, 20240 First-time applications for unemployment benefits have reached their highest level since late August 2023, a potential sign that a previously…
Stanley Druckenmiller gives ‘F’ rating to Biden’s economic policies, blames Fed for resurging inflationBy businessinvestopedia.comMay 7, 20240 Billionaire investor Stanley Druckenmiller said Tuesday that reckless government spending enabled by the Federal Reserve is harming average Americans and…
Renters’ expectations for home purchases have fallen to an all-time low, according to a survey by the New York Fed.By businessinvestopedia.comMay 6, 20240 A sign advertising a home for sale is posted outside a building in Manhattan on April 11, 2024 in New…
Immigrant workers are helping to revitalize the U.S. labor marketBy businessinvestopedia.comMay 3, 20240 The strong post-pandemic job market has been supported by the strength of America’s immigrant workforce. And as the American workforce…
Unemployment rates rose in April for all racial groups except black AmericansBy businessinvestopedia.comMay 3, 20240 Networking and recruiting event for professionals of color in Minneapolis.Michael Silk | Getty ImagesThe unemployment rate for Black Americans fell…
