Tag: inflation
U.S. consumer sentiment ticks higher for second month but remains subdued
WASHINGTON (AP) – Americans' outlook on the economy improved for the second straight month in September, bolstered by lower prices for long-lasting goods such...
Average rate on a 30-year mortgage falls to 6.20%, lowest level...
The average rate on a 30-year mortgage in the U.S. fell this week to its lowest level in 19 months, reflecting a pullback in...
Wholesale inflation mostly cooled last month in latest sign that price...
WASHINGTON (AP) – U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to...
U.S. inflation reaches a 3-year low as Federal Reserve prepares to...
WASHINGTON (AP) – The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for...
Federal Reserve’s favored inflation gauge shows price pressures easing
WASHINGTON (AP) – An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears...
What’s old is cool again at Top Shelf Vintage
Like a pair of New-World explorers, Annie Schisler and Douglas Valeri spend much of their days – when not in their store – on...
Powell at Jackson Hole: ‘The time has come’ for interest rate...
JACKSON HOLE, Wyoming (AP) – With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest...
U.S. shoppers sharply boosted spending at retailers in July despite higher...
WASHINGTON (AP) – Americans stepped up their spending at retailers last month by the most in a year and a half, easing concerns that the economy...
U.S. inflation slowed again in July, clearing way for interest rate...
WASHINGTON (AP) – Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in...
U.S. wholesale inflation slows more than expected in July
WASHINGTON (AP) – Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer...