Tag: Federal Reserve
Global stocks plunge as weak US jobs report fuels economic fears
A disappointing U.S. jobs report on Aug. 2 threw fuel on the global stock market sell-off, as weak employment data heightened investor fears of...
US job growth slows to a crawl as unemployment rises
(Daily Caller News Foundation) -- The U.S. added 114,000 nonfarm payroll jobs in July as the unemployment rate ticked up to 4.3%, according to Bureau...
Credit card delinquencies reach grim milestone as inflation continues to crush...
(Daily Caller News Foundation) -- Credit card delinquencies reached the highest level since at least 2012 as Americans continue to grapple with high inflation...
Jamie Dimon warns inflationary forces persist despite some easing of price...
JPMorgan Chase CEO Jamie Dimon said on July 12 that some progress has been made on the inflation front but warned that some inflationary...
Inflation falls below expectations as economy cools
(Daily Caller News Foundation) -- Inflation ticked down slightly year-over-year in June as rising prices continue to weigh on average Americans’ finances, according to...
How to navigate today’s housing market
Sponsored post by Principal Preservation Services and Principal Wealth Services
With mortgage rates still hovering around 7%, does it make sense for potential buyers to make the jump...
Biden has used the dollar as a hammer, but Americans might...
(Daily Caller News Foundation) -- The Biden administration’s recent sanctions against Russia mark another instance of the U.S. leveraging the dollar’s global reserve status...
Fed holds rates steady as Americans continue to be crushed by...
(Daily Caller News Foundation) -- The Federal Reserve announced on Wednesday that it would not change its benchmark federal funds rate despite recent changes...
Walgreens cuts prices on over 1,300 products: ‘Our customers are under...
Pharmacy retail chain Walgreens is reducing prices on over a thousand items amid high inflation, joining other outlets like Target and Aldi which have...
House passes anti-CBDC bill to prevent financial surveillance of Americans
The U.S. House of Representatives passed a bill preventing the government from issuing a Central Bank Digital Currency (CBDC), which could enable surveillance similar...