Real estate investor warns US is entering the 'greatest' correction of his lifetime
Despite a great "correction" on the horizon for the real estate industry, private equity fund manager Grant Cardone criticizes Federal Reserve Chairman Jerome Powell for killing the housing market.
Fed leaves interest rates unchanged again, signals three cuts coming next year
The Federal Reserve on Wednesday paused its interest-rate hike campaign for the third straight time amid growing evidence that high inflation is subsiding.
Inflation rises 0.1% in November, slightly more than expected
The Labor Department released the closely watched November consumer price index report on Tuesday, revealing just how hot inflation was running last month.
Fed expected to pave way for rate cuts next year as inflation fight comes to an end
The Federal Reserve's nearly two-year interest rate hike campaign may be finally coming to an end as inflation continues to show signs of slowing down.
November inflation report likely to show prices cooled last month
The Labor Department on Tuesday will release the November consumer price index data, which is expected to show that inflation continued to ease last month.
Americans' inflation expectations fall to lowest level in 2 years, NY Fed survey shows
A New York Federal Reserve survey released Monday shows consumers are bracing for inflation to remain above the central bank's 2% target in the long term.
Bitcoin’s bounce ‘still early innings’
Bitcoin has been climbing and the tailwinds behind the largest cryptocurrency by market value may continue to drive prices higher into 2024. Coinbase is also sending off a bullish signal.
November jobs breakdown: Which industries hired the most workers last month?
Job growth was faster than expected in November thanks to hiring in health care and the government, and the conclusion of the UAW and SAG-AFTRA strikes.
US economy adds 199,000 jobs in November, unemployment rate unexpectedly falls
The November jobs report released Friday provided a key look at the labor market's health as it continues to confront high interest rates and inflation.
US households lost $1.3T during stock market rut this fall
U.S. households saw their net worth fall by more than $1 trillion in the third quarter due to deep equity losses amid volatility within the stock market.
Christmas bonuses could be a casualty of inflation, survey finds
Persistent inflation continues to plague small business owners around the U.S. and its causing 42% of them to evaluate whether they can afford their Christmas bonuses.
November jobs report may show cracks emerging in the labor market
The November jobs report, due Friday morning, is expected to show the labor market is continuing to moderate due to higher interest rates and inflation.
Private sector job growth cools more than expected in November: ADP
Hiring by private U.S. companies eased more than forecast in November, a sign that the labor market may be softening in the face of higher interest rates.
Underlying inflation pressures eased in October, NY Fed says
Underlying inflation pressures faced by American consumers eased in October relative to the prior month according to a new report by the Federal Reserve Bank of New York.
Is the Federal Reserve done raising interest rates?
The Federal Reserve's more than year-long interest-rate hike campaign may be finally coming to an end as inflation continues to show signs of slowing down.
Economy to slow in 2024, economists see 50% recession odds: NABE
Overall U.S. economic growth or GDP has been red hot through the third quarter, but economists are warning that a brisk cooldown is on the way and may be a headwind in 2024.
Jerome Powell says Fed 'won't hesitate' to raise interest rates again if warranted
Federal Reserve Chair Jerome Powell on Friday said that despite recent declines in inflation, policymakers are prepared to raise rates again if needed.
Inflation is already out of control. Bidenomics is making it worse
Biden's economic policies have delivered higher inflation, more debt, and a lack of financial security.
Fed's preferred inflation gauge eases in October
An inflation measure that is closely watched by the Federal Reserve moderated in October, evidence that higher consumer prices are continuing to cool.
Mortgage demand rises again as rates drop to 10-week low
Home-purchase applications increased for the fourth week straight thanks to a recent drop in mortgage rates, which has helped to boost consumer demand.