Loretta Mester at Jackson Hole, Wyoming David A. Grogan | CNBC Cleveland Federal Reserve President Loretta Mester said Wednesday she sees interest rates rising considerably… Read More »Fed’s Mester sees benchmark rate above 4% and no cuts at least through 2023
The Federal Reserve chair Jerome Powell said on Friday there will be “pain” to come in the economy as a result of the central bank’s… Read More »The rent crisis on Main Street just took a turn for the worse
Hunter Jarratt was a frequent buyer of Quaker’s apple oats bars — until he realized the size of his favorite snack has decreased in size,… Read More »Tired of paying more for less, shoppers take to TikTok to call out companies for ‘shrinkflation’
The U.S. needs to return to the kind of economic and productivity growth it saw in mid-20th century to boost public spirits, according to a… Read More »Nobel prize winner says the U.S. needs a 1950s-style productivity boom
The European Central Bank must continue to raise interest rates to battle inflation, according to the head of Germany’s central bank, who also highlighted the… Read More »Bundesbank chief: Further rate hikes needed to curb inflation
An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters Saudi oil giant Aramco reported… Read More »Saudi Aramco profit surges 90% in second quarter amid energy price boom
If the https://www.nytimes.com/2022/08/08/us/politics/biden-climate-bill-agenda-covid.html” target=”_blank” rel=”noopener”>New York Times,https://www.politico.com/news/2022/08/09/joe-biden-legislative-wins-00050461″ target=”_blank” rel=”noopener”>Politico, https://rollcall.com/2022/08/05/joe-biden-is-on-fire-signing-bills-and-killing-terrorists-but-he-still-cant-catch-a-break/” target=”_blank” rel=”noopener”>Roll Call, and https://www.cnn.com/2022/08/06/politics/joe-biden-consequential-week/index.html” target=”_blank” rel=”noopener”>CNN all say Joe Biden has had a pretty… Read More »Not To Jinx It Or Anything, But Joe Biden’s Having A Pretty Good Week, Huh?
Japanese wholesale prices rose 8.6% in July from a year earlier, data showed Wednesday, slowing from the previous month’s pace in a sign inflationary pressure… Read More »Japan’s wholesale inflation moderates on easing global commodity pressure
The last few months have been an economic whirlwind, with record-high inflation and soaring prices at the gas pump. When fuel prices hit record highs… Read More »Upside CEO: I’ve analyzed the profit margins of 30,000 gas stations. Here’s the proof fuel retailers are not to blame for high gas prices
Federal Reserve Bank Governor Michelle Bowman gives her first public remarks as a Federal policymaker at an American Bankers Association conference In San Diego, California,… Read More »Fed Governor Bowman sees ‘similarly sized’ rate hikes ahead after three-quarter point moves
