US dollars are counted by a bank in Westminster, Colorado.Rick Wilking | ReutersU.S. household net worth rose to new heights in early 2021 and the effects of the Covid-19 pandemic began to wear off.Thanks largely to a surge...
May consumer prices accelerated at the fastest pace in nearly 13 years as inflationary pressures continued to mount in the US economy, the Labor Department reported Thursday.The consumer price index, which is a basket of food, energy, groceries, housing...
The CMA CGM Marco Polo, an Explorer-class container ship, passes under the Verrazzano-Narrows Bridge to enter New York Harbor as seen from Brooklyn, New York, USA on May 20, 2021.Brendan McDermid | ReutersAmerican demand for imports eased in...
A real estate agent and prospective homebuyer in Coral Gables, Florida.Getty ImagesMortgage rates fell slightly last week, but not enough to fuel mortgage demand.According to the Mortgage Bankers Association seasonally adjusted index, the total volume of mortgage applications fell...
The number of job openings rose to a record 9.3 million in April as the economy quickly recovered from its pandemic lows.The standard set in April was well above the 8.3 million in March, which itself was a new...
Federal Reserve Chairman Jerome Powell listens during a Senate Banking Committee hearing on "The Quarterly CARES Act Report to Congress" on Capitol Hill in Washington, United States, on Dec. 1, 2020.Susan Walsh | ReutersThe Federal Reserve is in...
Before Memorial Day near the boardwalk in Wildwood, New Jersey, a Help Wanted sign is displayed outside a store.Spencer Platt | Getty Images News | Getty ImagesThe weaker-than-expected job report from April fueled speculation about a labor...
U.S. Treasury Secretary Janet Yellen speaks during a press conference after attending the G7 Treasury Ministers meeting at Winfield House in London, Britain, Dec.Justin Tallis | RĂ¼tersUS Treasury Secretary Janet Yellen said President Joe Biden's $ 4 trillion...
Federal Reserve Chairman Jerome PowellKevin Lamarque | ReutersFederal Reserve Chairman Jerome Powell said Friday that climate change is not a primary consideration for the central bank when formulating monetary policy.Speaking to a panel of his global colleagues, the...
Job creation disappointed again in May, with a spike in non-farm payrolls that would normally be viewed as a solid 559,000 but still falls short of high expectations, the Labor Department reported Friday.According to economists polled by Dow Jones,...

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