The House passed a series of bills to provide aid to Ukraine, Israel, and Taiwan along with the potential ban of TikTok.
Read More House Passes Ukraine, Israel, Taiwan AidTag: February
US monthly inflation slows; consumer spending surges
U.S. prices increased less than expected, with the cost of services outside housing and energy slowing significantly.
Read More US monthly inflation slows; consumer spending surgesUS new home sales unexpectedly fall in February
New home sales slipped 0.3% to a seasonally adjusted annual rate of 662,000 units last month.
Read More US new home sales unexpectedly fall in FebruaryFed Holds Interest Rates Steady Amid Inflation Concerns
The Federal Reserve decided to hold interest rates steady today, continuing its ongoing effort to bring inflation down.
Read More Fed Holds Interest Rates Steady Amid Inflation ConcernsWholesale Inflation Soars in February: Wealth Advisor Weighs In
Inflation on the wholesale side rose twice as much as expected to 0.6% in February. The Labor Department’s report also shows PPI over the last 12 months ending in February hit 1.6%.
Read More Wholesale Inflation Soars in February: Wealth Advisor Weighs InUS retail sales miss expectations; producer prices accelerate
Consumer spending appeared to be slowing in the first quarter amid rising inflation and high borrowing costs.
Read More US retail sales miss expectations; producer prices accelerate