It should be said that the top line news from Thursday’s report was, as Larry David would say, “pretty, pretty good.”
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The prices that were supposed to be going down “starting on Day One,” as the White House promised, are going up instead.
McDonald’s had a good quarter, but the numbers from the US market show the value menu math isn’t quite mathing yet.
When the Federal Reserve meets again next week, it’s all but certain to hold interest rates steady. What happens after that? Well…
Another month, another Consumer Price Index inflation report, the show-stopping data dump of our inflation-weary universe.
England had a rude awakening this week, as the United Kingdom was transported back in time to one of the most tumultuous years in its history.
On Tuesday, the overall yield on the US 10-Year Treasury Bond touched its highest intraday point, 4.699%, since last spring.
Record earnings from Foxconn and some fresh tariff news highlight core themes likely to dominate headlines this year.
Across-the-board inflation — including food costs, labor costs, and real estate costs — is pummeling restaurants. Can the industry survive?
Inflation is definitely looking like a “two-handle” problem. That’s investor-speak for a rate below 3% but above the Fed’s 2% target.
The noted economist Nouriel Roubini cited five major issues that our species will have to confront over the next two decades.
The Fed may have cracked inflation, but eggflation is proving harder to beat. Unsurprisingly, egg producer stocks are soaring.
Another month, another frustratingly sticky inflation report. Still, a rate cut seems certain when the Federal Reserve meets next week.
The last mile is always the hardest. For the Federal Reserve, the last mile in its race to tame inflation just got even harder.
Walmart announced that it’s raising its outlook for the year, thanks in part to a rocking start to the holiday shopping season.
The next administration may look to increase tariffs and lower taxes, which could spell higher inflation and lower bond prices.