News
Wholesale Inflation Jumps Past Predictions
3+ hour, 15+ min ago (624+ words) Investors hoping inflation was gliding down got a jolt from January's wholesale price report. The Bureau of Labor Statistics said on Friday that producer prices, a key gauge... Wholesale Inflation Jumps Past Predictions Investors hoping inflation was gliding down got…...
Mortgage Rates' Fall May Trigger 'Barn Burner' Spring
1+ day, 10+ min ago (409+ words) The average long-term US mortgage rate slipped this week below 6% for the first time since late 2022, good news for home shoppers as the spring homebuying season gets rolling.... Mortgage Rates' Fall May Trigger 'Barn Burner' Spring The average long-term US…...
Inflation Hits Parents a New Way: Tooth Fairy Payouts
1+ day, 1+ hour ago (286+ words) The tooth fairy is back to being a big spender. The average cash left per lost tooth climbed to $5.84 this year, a 17% bump after two years of declines, according to Delta Dental's... Inflation Hits Parents a New Way: Tooth Fairy…...
Doomsday AI Scenario Sends Markets Into Freefall
3+ day, 7+ hour ago (286+ words) Wall Street just got spooked by a what-if, the Wall Street Journal reports. A 7,000-word Substack post from Citrini Research, describing a "June 2028" scenario in... Doomsday AI Scenario Sends Markets Into Freefall Wall Street just got spooked by a what-if,…...
US stocks drop after Trump ramps up his tariffs and investors dump potential AI losers | Newser
3+ day, 21+ hour ago (819+ words) The S&P 500 fell 1% after Trump said on Saturday that he would place temporary 15% tariffs on other countries. That's up from the 10% rate he announced Friday following a Supreme Court ruling that struck down his sweeping "reciprocal" taxes on imports…...
Markets Shaky as Trump Doubles Down on Tariffs
4+ day, 2+ hour ago (294+ words) President Trump laid into the Supreme Court on Friday for ruling against him on tariffs, and he kept up the attacks on the "ridiculous and poorly crafted" decision... Markets Shaky as Trump Doubles Down on Tariffs President Trump laid into…...
Inflation rose more quickly than expected in December
1+ week, 4+ hour ago (361+ words) Prices rose 0.4% in December from the previous month, up from 0.2% in November, the Commerce Department said Friday in a report that was delayed by the six-week government shutdown last fall. The monthly increase was the highest since last February. Compared…...
Fed's Preferred Inflation Gauge Rises More Than Expected
1+ week, 9+ hour ago (434+ words) A key inflation gauge accelerated in December to the fastest pace in nearly a year, showing how prices are still rising more quickly than most Americans would prefer'and... Fed's Preferred Inflation Gauge Rises More Than Expected A key inflation gauge…...
GDP Comes In Much Weaker Than Expected
1+ week, 10+ hour ago (367+ words) Economic momentum took a clear hit at the end of last year, with the record-long government shutdown and a slowdown in consumer spending taking the blame. New data from the Commerce... GDP Comes In Much Weaker Than Expected Economic momentum…...
Fed Officials Are Deeply Split on Rate Cuts
1+ week, 22+ hour ago (396+ words) Federal Reserve Chair Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting, Wednesday, Jan. 28, 2026, at the Federal Reserve Board Building in Washington. Fed Officials Are Deeply Split on Rate Cuts Federal Reserve officials hit the…...