Applying this rule is the secret to guilt-free shopping, expert says
Shoppers carry their purchases on Black Friday in New York City on November 29, 2024. Adam Gray | AFP |…
10-year Treasury yield slips on holiday-shortened trading day
Treasury yields were slightly lower early Friday, as U.S. markets head for a shortened trading day following the Thanksgiving holiday.…
Trump’s proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates
President-elect Donald Trump speaks at the U.S.-Mexico border on August 22, 2024 south of Sierra Vista, Arizona. Rebecca Noble |…
McDonald’s preparing ‘McValue’ offering for 2025
A McDonald’s is seen on October 23, 2024 in the Flatbush neighborhood in the Brooklyn borough of New York City.…
Protecting your portfolio against risks tied to Trump’s tariff plan
Money manager John Davi is positioning for challenges tied to President-elect Donald Trump’s tariff agenda. Davi said he worries the…
Here’s the deflation breakdown for October 2024 — in one chart
As inflation has throttled back from pandemic-era highs, consumers have seen prices decline outright for many household items. This dynamic,…
Trump tariffs could reheat inflation if countries retaliate
Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at…
Is the ‘vibecession’ here to stay? Here’s what experts say
Some consumers have been weighed down by a “vibecession” for a while now — and those feelings might get worse,…
Morgan Stanley CEO says the era of zero interest rates and inflation ‘is over’
Ted Pick, co-president of Morgan Stanley, speaks during a Bloomberg Television interview in New York, US, on Thursday, Oct. 26,…
I just bought a used car for my teen driver. Here’s what I learned
When I was a teenager, I bought my first car. It was a Toyota Tercel with a few hundred miles…
European Central Bank policymakers split on the need for big rate cuts
Policymakers at the European Central Bank are split on the need to consider a jumbo half-point interest rate cut in…
Here’s the deflation breakdown for September 2024 — in one chart
Jeff Greenberg | Universal Images Group | Getty Images Inflation has eased gradually across the broad U.S. economy, and some…
Bank of Korea cuts interest rates after holding for almost two years
Pedestrians crossing a road in front of the Bank of Korea headquarters in Seoul on July 13, 2022. South Korean…
10-year Treasury yield tops 4.10% as Fed’s Bostic says he’s OK pausing rate cuts
Sale prices are displayed for items at a grocery store on September 10, 2024 in San Rafael, California. Justin Sullivan…
Fed rate cuts should favor preferred stocks, Virtus fund manager says
One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as…
Kamala Harris promises to fight inflation
Democratic presidential candidate Vice President Kamala Harris and her husband, Doug Emhoff, stop at a Sheetz gas station in Coraopolis,…
European markets: stocks, news and data
Krisztian Bocsi | Bloomberg | Getty Images LONDON — European markets rose to a fresh record high Friday, tracking gains…
September consumer confidence falls the most in three years
Consumers’ view on the economy tumbled in September, falling by the largest level in more than three years as fears…
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week’s meeting because…
The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means
Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at…
Fed cuts interest rates by a half point
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid…
It’s a big week for central bank rate decisions
Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves’ William…
India can achieve sustainable growth of up to 8%, RBI chief says
Laborers work at a coastal road project construction site in Mumbai on January 12, 2022. Punit Paranjpe | Afp |…
India Handled Inflation Much Better Than US, Germany, France: SBI Report
The report highlighted that India experienced minimal deviations from its inflation targets New Delhi: India has demonstrated a largely successful…
European Central Bank rate decision in focus ahead of Fed meeting
European markets open sharply higher ahead of ECB rate decision European markets opened sharply higher on Thursday, as investors keenly…
Treasury yields rise as traders weigh new U.S. inflation data
Treasury yields gained on Wednesday as Wall Street assessed a mixed consumer price index report and its implications for the…
Here’s the inflation breakdown for August 2024 — in one chart
Grace Cary | Moment | Getty Images Inflation continued to throttle back in August, signaling that the fast-rising prices that…
CPI inflation report August 2024:
Prices increased as expected in August while the annual inflation rate declined to its lowest level since February 2021, according…
Yellen says U.S. economy remains solid, heading toward ‘soft landing’
U.S. Secretary of the Treasury Janet Yellen speaks listens to a presentation during a tour at the IRS Processing Facility…
Most households can weather moderate expense shocks, research finds
JGI/Jamie Grill | Blend Images | Getty Images How people would handle a surprise $400 expense The Federal Reserve has…
Some families say back-to-school shopping will put them in debt
A Target store in Queens, New York. Lindsey Nicholson | UCG | Universal Images Group | Getty Images The back-to-school shopping…
Trump, Harris inflation arguments questionable: Chicago Fed president
Austan Goolsbee speaking at Jackson Hole on Aug. 8, 2023. David A. Grogan | CNBC Chicago Federal Reserve President Austan…
How a week’s huge economic news will affect the Fed’s decision-making
The past week’s data deluge left behind a few distinct impressions: Inflation is on the run, the labor market appears…
Tax cuts, housing incentives, more price caps
U.S. Vice President and Democratic presidential candidate Kamala Harris speaks at an event at the Hendrick Center for Automotive Excellence…
Federal minimum wage has been $7.25 for 15 years. How that may change
Activists demonstrate in support of a $15-per-hour minimum wage and tips for restaurant workers in Washington, D.C. on Feb. 8,…
July Consumer Price Index:
Inflation rose as expected in July, according to a Labor Department report Wednesday that is likely to keep an interest…
After a busy week of trades, we’re looking to some key inflation data
It was another volatile week for stocks, but Wall Street ultimately finished lower again. The market experienced a sharp sell-off…
Harris responds to Trump Fed comments; prepares economic policy plan
U.S. Vice President and Democratic presidential candidate Kamala Harris speaks with members of the media before boarding Air Force Two…
China’s consumer prices pick up more than expected in July, up by 0.5%
China’s retail sales grew by 2% in June from a year ago. Data for July is due out Thurs. Aug.…
Why U.S. citrus is facing a shortage crisis
U.S. orange production has plummeted as the industry faces volatile threats from extreme weather events, an incurable disease and economic…
PCE inflation June 2024:
An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open…
Here’s what a ‘buffalo’ market means for investors
The Charging Bull in the Financial District in New York City. Mairo Cinquetti | Nurphoto | Getty Images After weeks…
What recent small cap rally says about risk
The money flow into small caps may not be a rotation from winning growth trades. Dave Nadig, ETF journalist and…
Biden touts cooling inflation, slams Trump tariffs at press conference
President Joe Biden on Thursday trumpeted the latest inflation report in the opening remarks of his highly anticipated solo press…
China’s inflation numbers miss expectations, rising 0.2% in June
Consumers are shopping at a supermarket in Qingzhou, China, on June 12, 2024. Nurphoto | Nurphoto | Getty Images BEIJING…
Why more Americans are struggling even as inflation cools
Inflation is slowing down, but prices are still high — and likely to stay that way. That’s generally considered good…
Tomato prices surge to over Rs 80 per kg
Image Source : FILE PHOTO Representative image Tomato price rise: Tomato woes are back, with the staple now retailing at an…
Chance of Biden dropping out of presidental race is 40%, Stifel says
There’s a 40% chance President Joe Biden will not seek reelection, according to Stifel. Brian Gardner, the firm’s chief Washington…