Americans' inflation expectations eased in November to lowest since 2021, NY Fed survey shows
The New York Federal Reserve released a closely watched survey on Monday revealing that Americans' inflation expectations declined in the short term and long term.
FTX hearing, Fed decision, consumer inflation top week ahead
FTX's Sam Bankman-Fried is expected to testify before Congress, consumer inflation may remain elevated and Delta to deliver investor update.
Larry Kudlow: Biden FTC is trying to strangle US business and free market capitalism
FOX Business host Larry Kudlow tears apart President Biden's Federal Trade Commission, claiming they are socialists who want America last on 'Kudlow.'
Brace for a recession in 2023 as job losses top 2 million, Citi says
Citi economists said in a report this week that they are expecting an economic recession in 2023 as a result of the Fed's interest rate hike campaign.
Fed to keep interest rates high all next year, making a recession very likely: Survey
High inflation will likely keep the Fed on track to continue raising interest rates well into 2023 as policymakers try to crush stubbornly high prices.
Wholesale inflation rises faster than expected in November as high prices persist
Inflation at the wholesale level increased faster than expected in November as producer prices remain stubbornly high, the Labor Department reported on Friday.
US wage growth slows sharply as job market cools off, new report finds
A new wage tracker from Indeed shows that salaries for newly posted jobs declined sharply from March, a sign the jobs market could be starting to cool off.
Nearly half of Americans expect to go into debt buying holiday gifts: survey
Nearly half of Americans expect to go into debt during the holidays this year. Here’s how to pay down your holiday debt quickly.
Legendary investor Sam Zell warns of liquidity crisis, says odds of economy going into recession 'very high'
Real estate mogul Sam Zell gives his outlook on the housing market after mortgage rates declined and reveals what the Fed must do to slow the pace of inflation.
Jobless claims climb higher to 230,000 as economy cools
New applications for unemployment benefits increased last week, evidence the tight labor market is starting to loosen as the Fed raises interest rates.
Billionaire Ray Dalio warns stock market hasn't priced in 'very harmful' Fed rate hikes
Bridgewater Associates founder Ray Dalio said the stock market could face further turmoil in the coming months as the Fed hikes interest rates to a "harmful" level.
Many Americans believe inflation, the economy won’t improve in 2023: poll — Here's how to manage your finances
As inflation remains high, a recent poll suggested some consumer concerns about economic uncertainty in 2023. Here's how to keep your finances on track.
CEO optimism plunges to two-year low as US economy teeters on brink of recession
The Business Roundtable said in its fourth quarter CEO Economic Outlook Index that sentiment among corporate leaders plunged to the lowest level in two years.
Job growth spikes in November, interest rates expected to continue rising
The economy added more than 260,000 jobs in November and wages increased, but economic uncertainty is still a concern for many Americans. Here’s how to manage your finances today.
Jamie Dimon warns inflation could drag US into recession next year: 'It could be a hurricane'
Jamie Dimon, the veteran CEO of JPMorgan Chase, said that inflation could drag the U.S. economy into a recession next year as Americans pull back on spending.
S&P 500 could plunge 20% in coming months as recession hits, BofA warns
Bank of America analysts said on Monday that the S&P 500 could tumble another 20% from current levels in coming months if the U.S. enters a recession.
More Americans getting a second job as high inflation rages
More Americans are holding multiple jobs as a result of the highest inflation in four decades, which has seen the prices of everyday necessities soar.
Labor market may skirt U.S. recession: NABE
NABE's latest survey of economists showed the U.S. is likely to enter a recession next year as interest rates rise but the labor market may be spared.
Larry Kudlow: There are numerous issues with the November jobs report
FOX Business host Larry Kudlow dives into the November jobs report, the Federal Reserve's economic plans and Democrats' omnibus spending bill supposedly with Republican leadership support on 'Kudlow.'
November jobs report breakdown: Which industries hired the most workers?
U.S. employers added more jobs than expected in November as the labor market remained strong in the face of higher interest rates and steep inflation.