Credit card debt surges to another record high, New York Fed data shows Economy November 20, 2024 Americans’ credit card debt continues to climb, hitting a fresh record at the end of September, according to a new…
Where was inflation the highest in October? Northeast and Midwest cities near the top Economy November 19, 2024 Americans around the country are experiencing vastly different inflation rates depending on where they live in the U.S., with the latest…
Mortgage rates fall slightly, ending 6-week climb Economy November 18, 2024 Mortgage rates barely moved this week after marching higher for the past month and a half, while purchase demand remains…
Fed Chair Jerome Powell says central bank in no rush to reach ‘neutral rate’ Economy November 17, 2024 Federal Reserve Chair Jerome Powell said Thursday that the central bank’s policymakers aren’t in a rush to reduce interest rates…
Hundreds of Culinary Union workers go on strike at hotel near Las Vegas Strip Economy November 16, 2024 Hundreds of workers went on strike early Friday morning at a hotel near the Las Vegas Strip. Around 700 hospitality…
Larry Fink says Fed won’t cut interest rates as much as people think, warns inflation ’embedded’ Economy November 14, 2024 BlackRock CEO Larry Fink said Tuesday he does not believe the Federal Reserve will cut interest rates as much as…
Job openings tumble more than expected to the lowest since January 2021 Economy November 13, 2024 The number of job openings in the U.S. unexpectedly fell in September to the lowest level since January 2021, suggesting that…
Baby powder recall expands over possible asbestos contamination Economy November 12, 2024 Dynarex Corporation has expanded the recall of baby powder “because they have the potential to be contaminated with asbestos,” a…
Private sector job growth surges in October, ADP says Economy November 11, 2024 Companies in the private sector added 233,000 jobs in October, payroll processing firm ADP said on Wednesday. The figure is…
US economy grew 2.8% in the third quarter, slower than expected Economy November 10, 2024 The U.S. economy grew slightly slower than expected in the third quarter amid easing inflation and strong consumer spending. The…