by Sabir Hasko | Mar 27, 2024 | Economy
Inflation has fallen dramatically, fuel prices are down and people are still buying, yet the domestic trucking industry has been suffering from low demand for the past 17 months straight. Some even call it a freight recession. The trucking industry was one of the big...
by Hannah Fierick | Mar 27, 2024 | Economy
Durable goods new orders bounced back in February, but economists are still hesitant to declare a definite recovery in the manufacturing sector. Seasonally adjusted new orders rebounded 1.4%, following a revised 6.9% decrease in January, according to Tuesday’s Census...
by Sabir Hasko | Mar 22, 2024 | Economy
Inflation increased again in February and was hotter than expected — but still not hot enough to change expectations that the Federal Reserve will cut interest rates later this year. The consumer price index, which measures the cost of services and goods, rose...
by Diana Escamilla Fuentes | Mar 20, 2024 | Economy, Featured, International Trade
The U.S. trade deficit for the month of January surprised economists by increasing more than expected in a sign that the economy continues to be strong. The trade deficit in goods and services rose by $3.3 billion or 5.1%, to $67.4 billion in January, according to...
by Carlos Garcia | Mar 8, 2024 | Economy, Featured
Jerome Powell Photographer: Al Drago/Bloomberg Inflation picked up slightly in January, which could make it more likely that Jerome Powell and the Federal Reserve will wait until at least the summer to cut interest rates. The Personal Consumption Expenditures Price...
by Eliot Force | Mar 7, 2024 | Economy, Featured, Housing
Home prices grew at a solid rate in December despite persistent high interest rates. The S&P CoreLogic Case-Shiller index, which measures home prices, reported a 5.5% year-over-year increase for the month of December. That’s up from a 5.0% increase in November....
