Over 75% of Americans say they are cutting back spending and over half are electing to put off plans to account for the changing economic climate, according to a new Wells Fargo report.
In January, economists expect that overall PCE inflation rose 0.3% on a monthly basis and 2.5% on an annual basis, according to FactSet’s consensus estimates. They anticipate that the core measure of ...
Economist at the Efficient Group Dawie Roodt says the 3.2% increase in the Consumer Price Index is good news. He says markets ...
The Social Security Administration's 2024 Cost of Living Adjustment (COLA) has left many beneficiaries feeling shortchanged.
Retirees are often thought to be living on fixed incomes, but most of them are collecting Social Security benefits, and those ...
Home prices continued to trend upwards in December as the benchmark national index rose for a 23rd consecutive month to a 19th straight record high. Read more here.
The latest Primerica Household Budget Indexâ„¢ (HBIâ„¢), a monthly economic snapshot measuring the impact of inflation on middle-income households alongsi ...
Consumer confidence has taken a significant hit, marking its largest decline since 2021, as persistent inflation continues to ...
Annual headline inflation remained at 2.5 per cent in January, but core inflation increased slightly from 2.7 to 2.8 per cent ...
Richmond Fed president Tom Barkin said Tuesday that he wants to keep interest rates 'modestly restrictive' until he gains more confidence inflation is returning to the central bank’s 2% goal, warning ...
More Americans are starting to brace for higher prices as President Trump’s policies begin to take effect. Fresh off the ...
Bitcoin dropped to a three-month low on Tuesday as investors backed off risky assets amid growing economic uncertainty.