Americans are feeling gloomier than ever about their finances: Just 31% believe their situation...
Americans' confidence in their finances is at its lowest level in last 13 years, as inflation and fears of recession cast a pall of uncertainty over the economy.
What the Fed’s Jumbo Rate Hike Means for Your Budget
Federal Reserve's decisions have vast implications for household budgets across the country, whether it’s credit cards or savings accounts.
PacWest Shares Fall More Than 55 Percent in After-Hours Trading as It Seeks Rescue
PacWest Bancorp shares fell more than 55 percent in after-hours trading following news that company executives were considering a potential sale.
June Inflation Hits 9.1 Percent, New 40-Year High
Surging costs of fuel, housing, and food were major contributors to high inflation last month
The U.S. annual inflation rate climbed to 9.1 percent in June, topping...
Americans Are Making ‘Huge Mistake’ to Believe Certain ‘Booming’ Economy Narratives: Jamie Dimon
Jamie Dimon told financial conference that people who assume U.S. economy will continue to boom for years on back of consumer strength are making "a huge mistake."
Yellen Sounds Alarm on Default in New Warning to McCarthy on Debt Ceiling Deadlock
Janet Yellen issued renewed warning to McCarthy and congress reiterating that country could run out of money to pay its debt obligations as early as June 1.
Job Growth Slows to 209,000 in June, Falling Below Expectations
The U.S. economy created 209,000 new jobs in June, down from a downwardly revised 306,000 in May, according to the Bureau of Labor Statistics (BLS).
Debt Ceiling “Deal” Watch #1
"Limit, Save, Grow" Plan As Passed: + $1.5 Trillion vs GOP "Dealing" With The Swamp
"Limit, Save, Grow" Plan As Passed: + $1.5 TrillionGOP "Dealing"...
Home Depot Founder Asks Americans to ‘Wake Up’ After Silicon Valley Bank Collapse
Home Depot's Bernie Marcus asked Americans to “wake up” to the reality that the U.S. economy is in “tough times,” following collapse of Silicon Valley Bank (SVB).
Recession Coming in 2024: Economic Forecaster
American industry will slow down next year, then fall into a recession the year after, according to ITR Economics, an economic forecaster.
Inflation Costing Average American Households $717 a Month, GOP Committee Says
Americans paying $717 more per month because of highest inflation in 41 years, according to Joint Economic Committee Republicans report.
Fed Hikes Rates by a Quarter Percentage Point Despite Recent Bank Failures
Federal Reserve raised interest rates by 25 basis points, lifting the benchmark federal funds rate to a range of 4.75–5.0 percent, the highest since late 2007.
