U.S. added 172,000 jobs in May, even as inflation squeezed consumers
The number shows a resilient labor market, although wage growth lags inflation. It’s also looking…
Browsing: Markets
Americans Are Tapping Out Their Savings to Combat Inflation
The drawdown threatens to slow the economy’s growth if it continues. Economists have marveled this…
High gas prices, cost of living send US consumer sentiment to all-time low
Americans just loathe this economy. A closely watched measurement of US consumer sentiment fell to…
Are consumers cracking under the weight of high prices? We’re about to find out
Quarterly earnings from Home Depot, Lowe’s, Walmart and Target this week will offer one of…
America In Focus: Hotter inflation doesn’t stop consumers, investors
In the past week, many Americans remained focused on the economy, inflation and how those…
Consumer prices rose 3.8% annually in April, the highest since May 2023
Prices that consumers pay for a wide range of goods and services increased at a…
How Inflation Erodes The Value Of Your Money
If it feels like your dollar doesn’t go quite as far as it used to,…
US Fed keeps interest rates unchanged, signals caution as inflation risks linger
The US Federal Reserve has kept interest rates unchanged at 3.50–3.75 per cent, citing renewed…
US consumer sentiment falls to record low on inflation
US consumer sentiment fell in April from a month earlier to a record low, reflecting…
Gold slips as oil above $100 fuels inflation fears, dims rate cut hopes
Gold fell in choppy trade on Thursday as elevated oil prices fuelled fears of inflation…