Massive lithium discovery in California could be boon for US supply Economy November 9, 2024 A massive lithium find in California’s Salton Sea region could help boost domestic supplies of the mineral, which plays a…
Price gap between new and used cars hits all-time high Economy November 8, 2024 The gap between the new and used auto markets is wider than ever, new data from Edmunds shows. The car…
October jobs report to arrive days ahead of Election Day, Fed’s rate cut decision Economy November 7, 2024 The Labor Department is scheduled to release its jobs report for October on Friday, which will be the last major economic…
Fed’s favored inflation gauge showed price growth continued to slow in September Economy November 6, 2024 An inflation gauge closely watched by Federal Reserve policymakers continued to slow in September, as the pace of price growth…
Mortgage rates rise for fifth straight week Economy November 5, 2024 Mortgage rates continued their upward climb this week, leaving demand essentially flat in the stagnant housing market. Freddie Mac’s latest…
Why are consumers pessimistic about the economy while inflation is cooling? Economy November 4, 2024 Inflation hit the highest level in four decades a little more than two years ago, and while it has cooled…
US economy added 12K jobs in October, well below economists’ expectations Economy November 3, 2024 U.S. job growth slowed down in October, coming in well short of economists’ expectations, while the unemployment rate was unchanged. …
IRS increases 401(k), other retirement plan contribution limits for 2025 Economy November 2, 2024 The Internal Revenue Service (IRS) on Friday announced that it increased the amount that individuals can contribute to their 401(k) and…
US producer prices unchanged in September Economy October 31, 2024 U.S. producer prices were unchanged in September, pointing to a still-favorable inflation outlook and supporting views that the Federal Reserve…
Jamie Dimon warns of ‘critical issues’ that could affect US economy Economy October 30, 2024 JPMorgan Chase CEO Jamie Dimon on Friday warned investors about current risks to the global economy and pointed to “critical…