9+ hour, 11+ min ago   (444+ words) Federal Reserve Chair Kevin Warsh addresses global central bankers on digital currency trends, modern payment systems, and inflation. Fed Chair Kevin Warsh to Address Jackson Hole on Financial Innovation and Payments All eyes are on Wyoming as central bankers gather…...

2+ week, 2+ day ago   (162+ words) As elevated living costs and a sluggish housing market weigh on discretionary consumer spending, discount home furnishing retailers are experiencing an unexpected demand surge driven by higher-income demographics. In a recent report published by Retail Dive, Bob’s Discount Furniture revealed…...

3+ week, 2+ day ago   (235+ words) If you have walked into your favorite local spot lately and noticed fewer people in line, you are not imagining things. America’s small businesses are experiencing a curious economic phenomenon: register totals are climbing, but the actual number of paying…...

4+ week, 1+ day ago   (260+ words) South Florida Reporter WASHINGTON — The Federal Reserve opted to keep its benchmark interest rate unchanged on Wednesday, July 29, holding the federal funds rate in the target range of 3.5% to 3.75% for the fifth consecutive meeting. The decision marks the second major…...

1+ mon, 4+ day ago   (218+ words) Refinancing replaces your current mortgage with a new one, ideally at a lower rate or better terms. “You generally need to cut at least a full percentage point from your rate for refinancing to make sense,” says Jeff Ostrowski, Bankrate’s…...

1+ mon, 3+ week ago   (897+ words) South Florida Reporter The U.S. Department of Justice (DOJ) Antitrust Division, alongside a bipartisan coalition of 17 state attorneys general, filed a major civil antitrust lawsuit against three of the nation’s dominant egg producers. Simultaneously, the regulators announced a comprehensive proposed settlement....

2+ mon, 3+ day ago   (836+ words) South Florida Reporter Sticker shock at the grocery store remains a pressing crisis for American households. Despite brief periods of optimism, consumer sentiment continues to grapple with a multi-year burden of elevated prices and shifting economic landscapes. According to the…...

2+ mon, 5+ day ago   (424+ words) According to BJ’s Chief Financial Officer Laura Felice, these tariff recoveries provided a substantial 50-basis-point lift to the company’s merchandise margin last quarter, injecting roughly $20 million back into operations. Rather than retaining that margin boost to inflate short-term earnings, leadership…...

2+ mon, 2+ week ago   (506+ words) Federal Reserve officials are all but assured to leave the benchmark federal funds rate where it is at the central bank’s meeting next week, but the outlook is hazier going into the second half of the year. What’s more, there’s…...

2+ mon, 2+ week ago   (1004+ words) For almost any ordinary administration, a report like this triggers an immediate, all-hands-on-deck damage control operation. You expect economic advisors huddling behind closed doors, press secretaries drafting statements about how they are “fighting every single day to lower costs,” and…...