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  Category: Economy

Economy

Economy

Egg prices are rising once again as bird flu limits supply

August 18, 20240

Luke Sharrett/Bloomberg via Getty ImagesEgg prices are climbing, placing the household staple back in the spotlight as consumers stay concerned n...

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Economy

Consumer spending jumped in July as retail sales were up 1%, much better than expected

August 16, 20240

Consumer spending held up even better than expected in July as inflation pressures showed more signs of easing, the Commerce Department reported ...

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Economy

Wednesday’s big CPI inflation report could mark a change in thinking for the Fed

August 14, 20240

Product prices as seen at Walmart. Courtesy: WalmartThe news Tuesday was good for inflation, and investors hope it will get even better Wedn...

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Economy

Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets

August 12, 20240

A general view of the Eiffel Tower with the Olympics rings pictured with national flags of competing countries from the Place du Trocadero ahead ...

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Economy

Trump says he should get a say on Federal Reserve interest rate decisions

August 10, 20240

Republican presidential candidate former President Donald Trump speaks during a press conference at his Mar-a-Lago estate on August 08, 2024, in ...

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Economy

Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut

August 9, 20240

Jeremy SiegelScott Mlyn | CNBC Wharton School Professor Jeremy Siegel no longer thinks it's vital for the Federal Reserve to implement an emergen...

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Economy

No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says

August 8, 20240

Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand remains robust, the com...

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Economy

‘The summer job is back’: Teens enter the labor force as employers dish out higher wages, perks

August 6, 20240

A lifeguard works at the beach at Coney Island on June 15, 2023 in the Brooklyn borough of New York City.Spencer Platt | Getty ImagesDailey Jogan...

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Economy

Jobless rates fall in July for Asian Americans, bucking the overall trend

August 4, 20240

A sign for a health-care career fair at Cape Fear Community College in Wilmington, North Carolina, on Feb. 28, 2023.Allison Joyce | Bloomberg | G...

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Economy

Here’s everything you need to know about Friday’s big jobs report

August 2, 20240

People line up as they wait for the JobNewsUSA.com South Florida Job Fair to open at the Amerant Bank Arena on June 26, 2024, in Sunrise, Florida...

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