by Mariam Kiparoidze | Mar 22, 2023 | Economy, Featured, Millennials, Newest, Personal Income
Image via Pixabay Money was never discussed in Fernando’s family, when he was growing up and as an adult he never had to think about finances. So it was a surprise to find himself unable to pay his credit card debt at 26, when he had just quit his $45,000 job and...
by Joseph Lingad | Mar 22, 2023 | Consumer Price Index, Economy, Featured
Despite robust economic data suggesting the Fed raise interest rates to taper inflation, the traditional banking sector is causing it to reconsider. Inflation modestly decelerated in February but the latest figures probably won’t dissuade the Federal Reserve Board...
by Divya Murthy | Mar 19, 2023 | Consumer Price Index, Economy, Featured, Retail Sales
A post-holiday hangover clouded retail sales last month as resilient but weary consumers corrected their outsize January spending, holiday discounts faded and an air of caution returned, heightened by still high prices and rising interest rates. Retail and food...
by Joseph Lingad | Mar 13, 2023 | Consumer Price Index, Economy
Inflation cooled slightly in January, but not enough for the Federal Reserve Board to reconsider its plan to continue to raise interest rates anytime soon. The consumer-price index, which measures the price change for a basket of goods and services of the average...
by Mrinalini Nayak | Mar 12, 2023 | Economy, Featured, Housing
Home prices continued to decline nationally in December, for the sixth month in a row, a sign that high mortgage rates are continuing to deter potential buyers. The seasonally adjusted S&P CoreLogic Case Shiller home price index declined by 0.3%, compared to last...
by Nicholas Morgan | Mar 11, 2023 | Economy, Featured, Manufacturing
Photo by jannonivergall via Pixabay The U.S. manufacturing sector shrank again in February, but at a slower rate than in previous months, a sign that activity may be starting to stabilize. The Institute for Supply Management (ISM) on Wednesday released its monthly...
