Economy News

Data release shows Inflation stayed high

Business
Jessica Roberts

US inflation tops forecasts for a second month The core consumer price index, which excludes food and energy costs, increased 0.4% from ...

Financial stress peaks in the populations of these 10 American cities

Business
Jessica Roberts

US economy masks credit crisis as debt hits millions Despite the overall health of the US economy, there are growing concerns as ...

Fed interest rate cut may be delayed long enough to set off recession

Business
Jessica Roberts

Resilient rebounds in jobs report for 2023 Last month employers took on 216,000 more employees, 46,000 more hires than analysts and economists ...

Average net worth by age exceeds $1 million for Americans in their 50s

Business
Jessica Roberts

Allworth Advice: How much is your net worth Amy Wagner with Allworth Financial discusses net worth Allworth Financial Sometime around age 50, ...

Credit card debt rises as some struggle to pay off holiday spending

Business
Jessica Roberts

Why medical credit cards could hurt more than help Before turning to medical credit cards or loans to cover bills, beware of ...

As interest rates likely unchanged, what to expect

Business
Jessica Roberts

Holiday inflation hitting consumers hard this season Inflation held nearly steady in November, as drops in gas prices and long-lasting goods mostly ...

Why gas prices going down as U.S. reaches lowest level in 2023

Business
Jessica Roberts

See which states have seen the biggest declines ahead of the holidays Holiday inflation hitting consumers hard this season Inflation held nearly ...

Gross domestic income, a GDP alternative, warns of possible recession

Business
Jessica Roberts

US data: GDP grows 4.9%, jobless claims rise to 210K The US gross domestic product accelerated to a 4.9% annualized rate, more than ...

The Fed may be done with rate hikes. That could spark your 401(k)

Business
Jessica Roberts

401k, IRA: How to choose a retirement plan that’s best for you There are many different retirement savings plans – traditional IRA, ...

Former Chinese Premier dies of heart attack at 68

World
David Turner

Former Premier Li Keqiang, China’s top economic official for a decade, dies at 68 Li Keqiang, China’s former premier and a top ...