(CNN) — American consumers are downbeat about the economy, according to preliminary results of a monthly survey conducted by the University of Michigan. The index measuring consumer sentiment fell…
Read more Americans are feeling a lot worse about the state of the economyFor the last 18 months, all you’ve heard from the markets is that the U.S. economy is three months away from a recession. Now, the popular analysis is…
Read more Hate to spoil the party but there’s a new risk in town — a ‘no landing’ economyThe numbers: The U.S. producer price index rose 0.3% in July, the Labor Department said Friday, up from a revised flat reading in June and the largest gain…
Read more U.S. wholesale prices surprise to the upside in July, PPI showsThe numbers: The University of Michigan’s gauge of consumer sentiment rose to a preliminary July reading of 72.6 from a June reading of 64.4. It is the largest…
Read more U.S. consumer sentiment soars in July to highest level since September 2021Federal Reserve Board Gov. Christopher Waller said Thursday he was not swayed by June’s benign consumer inflation data, and said he wants the central bank to go ahead…
Read more Fed’s Waller, unimpressed by inflation data, calls for two more rate hikes this yearThere was support from an unspecified number of Federal Reserve officials for an interest rate hike at the central bank’s policy meeting in June, according to a summary…
Read more Some Fed officials pushed for June rate hike, minutes showJP Morgan CEO Jamie Dimon slaps hands with staff members as he enters the company’s office at 112 South Tryon Street in Charlotte, NC on Thursday, September 29,…
Read more Jamie Dimon talks stagflation, competing as ‘little guy’ in Bank of America’s yard
