Why the Fed may not cut in September
Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Tuesday, July … Read more
U.S. Economy
U.S. Treasurys react to June consumer inflation data
U.S. Treasury yields tumbled Thursday after the latest inflation data showed a dip last month, suggesting the Federal Reserve could start to lower interest rates … Read more
Here’s the inflation breakdown for June 2024 — in one chart
David Paul Morris/Bloomberg via Getty Images Inflation fell further in June as lower gasoline prices combined with other easing price pressures to bring relief for … Read more
High inflation is largely not Biden’s or Trump’s fault, economists say
President Joe Biden and former President Donald Trump participate in the CNN Presidential Debate on June 27, 2024 in Atlanta. Justin Sullivan | Getty Images … Read more
U.S. states with worst infrastructure: Alaska, Maine, New Hampshire
Not since the New Deal has the U.S. government poured this kind of money into rebuilding America’s infrastructure. Companies and states are clamoring for their … Read more
Inflation points to lower Social Security cost-of-living adjustment in 2025
A shopper scans coupons in a grocery store in Washington, D.C., on May 23, 2024. Tom Williams | Cq-roll Call, Inc. | Getty Images The … Read more
Here is why Social Security cost-of-living adjustment may be lower in 2025
Eva-katalin | E+ | Getty Images Retirees are still feeling the impact of higher prices. Yet one buffer for the effects of inflation — the … Read more
Growth, value stocks could see boost from Russell rebalancing
A bullish move may be ahead for both value and growth in the year’s second half. VettaFi’s Todd Rosenbluth thinks value stocks, which have been … Read more
36% of Americans plan to take on debt for summer travel
Some people could find themselves wrangling with summer travel bills well after Labor Day. To that point, 36% of Americans said they plan to take … Read more
IMF says Fed should hold interest rates until ‘at least’ end of year
International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during the 2024 CNBC CEO Council Summit in Washington, D.C. on June 4, 2024. Shannon Finney … Read more