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Tag: Alicia Summers

NEW YORK, NEW YORK - DECEMBER 19: Traders work on the floor of the New York Stock Exchange (NYSE) as the Federal Reserve Board Chairman Jerome Powell holds a news conference on December 19, 2018 in New York City. U.S. stocks fell on Wednesday after the Federal Reserve raised interest rates for the fourth time in 2018. (Photo by Spencer Platt/Getty Images)

Inflation and Interest Rate Concerns Heighten as PPI and CPI Experience Increases

The Producer Price Index, which tracks wholesale-level inflation, edged up to 2.1%, marking the biggest jump since April 2023.

Read More Inflation and Interest Rate Concerns Heighten as PPI and CPI Experience Increases
NEW YORK, NEW YORK - APRIL 09: Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, 2024 in New York City. The stock market closed with mixed results as Wall Street awaits the release of the latest inflation data. (Photo by Michael M. Santiago/Getty Images)

Inflation Rises More Than Expected, Posing Dilemma For Federal Reserve

Today, inflation rose again, surpassing expectations. The Bureau of Labor Statistics’ Consumer Price Index (CPI) underscores the ongoing challenge faced by the Federal Reserve in meeting its target goals of reducing inflation to 2%. Inflation increased by 3.5% compared to last March, marking a faster pace than February’s 3.2%.

Read More Inflation Rises More Than Expected, Posing Dilemma For Federal Reserve
CHICAGO, ILLINOIS - MARCH 12: Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois. Gas prices climbed 3.8% percent in February after falling 3.3% the previous month. The Consumer Prices Index showed prices overall rose .04% for the same month which was more than analysts had expected and the largest increase since September. (Photo by Scott Olson/Getty Images)

Jobs Surge Amidst Part-Time Rise: A Snapshot of Today’s Economic Landscape

Today’s jobs report: 303,000 jobs added in March, unemployment down to 3.8%. However, decline in full-time jobs and rise in part-time positions noted.

Read More Jobs Surge Amidst Part-Time Rise: A Snapshot of Today’s Economic Landscape
A man pushes his cart through a store in Rosemead, California on June 28, 2022. - Americans' feelings about the economy slumped further in June after falling sharply the month before amid concerns over skyrocketing inflation, according to a survey released on June 28. Amid the fastest increase in US consumer prices in more than four decades, made worse by the war in Ukraine, the consumer confidence index fell to 98.7 from 103.2, its lowest level since February 2021, according to The Conference Board's monthly survey. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

Consumer Confidence Dips to 4-Month Low

Consumer confidence, out today, is at its lowest reading in 4 months. Confidence stands at 104.7 today compared to 104.8 in February.

Read More Consumer Confidence Dips to 4-Month Low
NEW YORK, NEW YORK - MARCH 25: Former U.S. President Donald Trump makes comments following a pre-trial hearing in a hash money case in criminal court on March 25, 2024 in New York City. Trump was charged with 34 counts of falsifying business records last year, which prosecutors say was an effort to hide a potential sex scandal, both before and after the 2016 election. Judge Juan Merchan is expected to set a new start date for the trial after it was delayed following the disclosure of new documents in the case. (Photo by Curtis Means-Pool/Getty Images)

NY Appeals Court Cuts Trump’s Bond to $175M, Trial In NY Hush Money Case is Set

A New York appeals court reduces former President Donald Trump’s bond from nearly half a billion dollars to $175 million, granting him 10 more days to pay.

Read More NY Appeals Court Cuts Trump’s Bond to $175M, Trial In NY Hush Money Case is Set
ROME, GEORGIA - MARCH 09: Republican presidential candidate and former U.S. President Donald Trump addresses a campaign rally at the Forum River Center March 09, 2024 in Rome, Georgia. Both Trump and President Joe Biden are holding campaign events on Saturday in Georgia, a critical battleground state, two days before the its primary elections. A city of about 38,000, Rome is in the heart of conservative northwest Georgia and the center of the Congressional district represented by Rep. Majorie Taylor Green (R-GA). (Photo by Chip Somodevilla/Getty Images)

Trump Says He Has $500M Campaign Cash To Pay NY By Monday; Legal Expert Advises ‘Secret Sauce’

New York Attorney General urges the appeals court to compel Trump to pay the full bond by Monday. Trump said he has over half a billion dollars in cash that he intends to use for his campaign.

Read More Trump Says He Has $500M Campaign Cash To Pay NY By Monday; Legal Expert Advises ‘Secret Sauce’

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SOUTH HAVEN, MICHIGAN - JULY 4: California Gov. Gavin Newsom campaigns for President Joe Biden at the Van Buren County Democratic Party's
Which path best serves California’s future — Trump’s direction or Newsom’s policies?
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