Economic Indicators

The average rate on a 30-year fixed mortgage rose this week to 6.11%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.10%.

Major employers including UPS and Amazon announced significant job cuts in January, with transportation and tech sectors leading the nationwide layoffs surge.

The figure reported on Wednesday is below economists’ estimates of an increase of 48,000 jobs and higher than the prior month’s revised reading of a gain of 37,000 jobs.

Federal Reserve Governor Stephen Miran resigned from his CEA chair role to focus full-time on his Fed position, as required by federal law and regulations.

Federal Reserve Governor Stephen Miran is calling for aggressive interest rate cuts exceeding one percentage point after dissenting in the latest FOMC meeting.

Federal investigators are probing the Mazda CX-90 after a 2-24 recall failed to fix "sticky steering" issues, the NHTSA announced Friday.

President Trump's policy of trade reciprocity has contributed to the Trumpian economic boom

President Donald Trump announced a new trade deal with Indian Prime Minister Narendra Modi, cutting U.S. tariffs on Indian goods from 25% to 18%.

The partial government shutdown that began over the weekend will delay the release of the January jobs report slated for release on Friday.

President Trump plans to nominate economist Brett Matsumoto to head the Bureau of Labor Statistics, elevating a career staffer who has worked at the agency since 2015.

California's housing crisis deepens as chronic shortages push home prices beyond reach of workers, making it one of America's least affordable states

Trader Joe's beat Publix in the American Customer Satisfaction Index 2026 supermarket rankings after the two chains previously tied in 2025.

Tens of thousands of cholesterol medication bottles are being recalled nationwide due to manufacturing issues that could reduce drug potency and effectiveness.

Treasury Secretary Scott Bessent announced a Trump Accounts program update Thursday after a White House summit with the president and Nicki Minaj.

A new Fed study estimates tariffs cost the U.S. economy 19,000 jobs per month in 2025, potentially raising unemployment by 0.1 percentage points.

Middle-income Americans are continuing to face financial strain as 68% say their income isn't keeping up with rising costs, according to a new quarterly survey.

Fed Chair Jerome Powell reveals American consumers are struggling and looking to "economize" purchases amid stubborn inflation, as central bank holds rates steady.

Federal Reserve policymakers left interest rates unchanged at its January meeting after cutting rates at its three prior meetings amid uncertainty over the labor market and inflation.

Major U.S. cities face surging living costs as new analysis reveals inflation impact across 30 metropolitan areas, with New York City hit hardest.

Federal Reserve expected to hold interest rates steady in the 3.5%-3.75% range as FOMC navigates inflation concerns and softening job market in first 2026 meeting.