Retail sales drop 0.6 percent as economists had forecast a small gain
American consumers pulled back their spending in July, with retail sales falling…
Inflation at 3.4 percent in July still above the Fed target but heading right
U.S. inflation eased slightly in July, with the annual rate slipping to…
Consumer sentiment surprise in July hints at economic resilience
American consumer sentiment improved more than expected in July, with the University…
Economy Q2 data shows strength in spending but weakness in trade
The U.S. economy grew at an annual rate of 1.5 percent in…
Mortgage rate jump is pricing more buyers out of affordable homes
Mortgage rates have climbed to their highest point in nearly a year,…
Bank of America rips up its economic forecasts and braces for $100 oil all year on Iran war fallout
Bank of America has significantly revised its economic outlook, warning that the…
Bond markets are doing what the Fed is too cautious to do right now
The Federal Reserve finds itself in an unusually uncomfortable position. With oil…
Rising gas prices hit $3.92 and inflation fears are growing fast
Gas prices in the United States have surged by nearly $1 per…
Why gold stunning crash is surprising Wall Street
For much of the past two years, gold seemed unstoppable. It climbed,…
Central banks caught between rising inflation and a world slowing down
The conflict in Iran has placed the world's major central banks in…
