Molly Smith

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Applications Tor U.S. Jobless Benefits Fall To Lowest Since May

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Applications for U.S. unemployment insurance fell for a fourth straight week.

U.S. Jobless Claims Unexpectedly Dip For First Time In Three Weeks

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The drop in jobless claims points to still-healthy labor demand.

U.S. Inflation Forecasts Marked Higher For 2023, Survey Shows

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Sentiment is still inflationary despite easing increases in CPI.

U.S. Mortgage Applications Drop To Lowest Level Since Early 2000

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It's the latest sign of sluggish housing demand.

Credit Cards At 20%, Mortgages Near 6%: The Fed's Rate Hikes Are Already Having An Impact

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Financial hardship is already a reality for consumers facing rising food and gas prices.

Inflation Data Likely Push Fed To Consider 75 Basis-Point Hike

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Inflation figures have surprised to the high side, pushing investors to increase bets on a 75 basis-point increase.

U.S. Inflation Nearer 1980 Peak Than Thought, Summers Group Says

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A group of economists warned that data indicates the Fed faces a tough road ahead in trying to tame inflation.

Americans' Savings Rate Drops To Lowest Since 2008 As Inflation Bites

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Americans are putting more on their credit cards as they continue to spend during a time of high inflation.

U.S. Small-Business Optimism Index Holds At Lowest Since 2020

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Small businesses are caught by rising inflation, tight labor conditions, slowing growth and higher interest rates.

Record-Low Share of Americans Say It's A Good Time To Buy A Home

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Just a third of Americans say it's a good time to buy, the worst Gallup response since 1978.

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