Molly Smith

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Core Inflation Eases For First Time In Six Months

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The so-called core consumer price index increased 0.2% after rising 0.3% four straight months.

Inflation Stays Firm For Third Month With 0.3% Core CPI Gain

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The figures underscore the slow and frustrating nature of the battle against inflation.

Mortgage Rates Climb To 6.52%, Highest Since Early August

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Rising mortgage rates are dashing hopes for a swift recovery in the housing market.

Mortgage Rates Drop Again To Lowest Level Since April 2023

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The contract rate on a 30-year fixed mortgage eased for a fourth week to 6.44%.

Economists See Faster Labor Cooling, Steeper Fed Cuts In Survey

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Economists also see more moderate payroll growth than they did a month ago.

What Fed's Rate-Cut Delay Means For U.S. And World

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The delay in easing monetary policy has big implications for the U.S. economy.

U.S. Labor Costs Rise By Most In A Year As Productivity Cools

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Productivity rose at a 0.3% annualized rate after a 3.5% gain in the prior period.

U.S. Economy Slows And Inflation Jumps, Damping Soft-Landing Hopes

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The news interrupted a run of strong demand that fueled optimism for a soft landing.

What Went Wrong With U.S. Inflation?

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Housing, insurance and commodity prices have been among the contributors.

Jobs Roar Again As Payrolls Jump 303,000, Unemployment Drops

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The unemployment rate fell to 3.8%, while participation rose.

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