WASHINGTON >> A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid.
Prices for luxury homes in the United States have reached a record high, rising nearly nine percent in the first quarter of 2024, twice as much as the prices of non-luxury homes.
"What will the Fed and its 500 economists do now? After all, this is an election year."
Last year, Americans’ confidence that they would have enough money to live comfortably in retirement fell the most since the global financial crisis. New research shows both workers’ and retirees’ confidence has not recovered. But some signs of optimism have emerged, particularly as wage growth now outpaces inflation growth, according to the Employees Benefit Research […]
The PCE index shows that progression on bringing down inflation has stalled. | Economy
When it comes to retirement, Americans worry about uncertainties they cannot control, like a higher cost of living or changes to the retirement system.
Sustained high levels of energy and commodity prices could drive global inflation upwards, the World Bank has warned today.
Before insurance, Novo Nordisk charges about $1,000 per month for Ozempic in the United States. In Germany, the company charges $59 per month for the same drug.
Fort Wayne’s median home prices have doubled following a larger national trend of price increases, but how does this affect homeowners?
The Texas Comptroller released the 2024 regional report with a focus on the High Plains region analyzing demographic and economic data and trends, as well as the economic conditions unique to each region and the state.
Today, the Commerce Department released a snapshot of its growth report for the first quarter. The country’s gross domestic product (GDP) grew by just 1.6 percent, its slowest pace in nearly two years. Further, inflation rates have also risen dramatically. Many economists are describing this as “the worst of both worlds.” Economists polled by Reuters […]
We love these inspirational quotes from 'The Lorax,' a famous Dr. Seuss work that has inspired children and adults alike to protect the planet.