Stock Federal Reserve credits Taylor Swift with boosting hotel revenues through blockbuster Eras Tour by July 15, 2023 by July 15, 2023 Taylor Swift’s Eras Tour is boosting the U.S. economy. Ticket sales for Swift’s concerts have been so explosive, one Federal Reserve office said,… 0 FacebookTwitterPinterestEmail
Stock Consumer price growth falls for 12th-consecutive month to 3% by July 14, 2023 by July 14, 2023 Inflation fell to 3% in June — the 12th-consecutive month of declines. Forecasts called for 12-month consumer price increases to slow from 4%… 0 FacebookTwitterPinterestEmail
Stock How raising interest rates helps fight inflation and high prices by July 14, 2023 by July 14, 2023 The Federal Reserve raised its key federal funds rate 10 times since March 2022 — something it hasn’t done as aggressively since the… 0 FacebookTwitterPinterestEmail
Stock Americans are doing less ‘revenge spending,’ which is a good sign by July 14, 2023 by July 14, 2023 It took a while, but people are just about done catching up on experiences lost during the pandemic. While a minority of high-dollar… 0 FacebookTwitterPinterestEmail
Stock Inflation is easing. What does that mean for your grocery bill? by July 13, 2023 by July 13, 2023 As inflation continues to slow, shoppers are finally getting some relief at the grocery store. Rising food prices have been among the biggest… 0 FacebookTwitterPinterestEmail
Stock Thanks to lower inflation, Americans are finally getting a raise by July 13, 2023 by July 13, 2023 For much of the post-pandemic period, U.S. consumers have experienced rapid price increases that touched nearly every aspect of the economy, from food… 0 FacebookTwitterPinterestEmail
Stock Bank of America to pay more than $100 million for doubling fees, opening accounts without customer consent by July 13, 2023 by July 13, 2023 Bank of America must pay more than $100 million to customers for doubling up on some fees, withholding reward bonuses and opening accounts… 0 FacebookTwitterPinterestEmail
Stock Microsoft to lay off more employees months after letting 10,000 workers go by July 11, 2023 by July 11, 2023 Microsoft confirmed Monday that it’s eliminating additional jobs, a week after the start of its 2024 fiscal year. The cuts are in addition to… 0 FacebookTwitterPinterestEmail
Stock U.S. payrolls climbed by 209,000 in June, less than expected by July 11, 2023 by July 11, 2023 Employment growth eased in June, taking some steam out of what had been a stunningly strong labor market. Nonfarm payrolls increased 209,000 in… 0 FacebookTwitterPinterestEmail
Stock Baby boomers and their cash are driving the housing market right now by July 9, 2023 by July 9, 2023 Whether you’re contemplating buying or selling a house these days, it’s likely you’re a baby boomer — or are financially supported by one.… 0 FacebookTwitterPinterestEmail