U.S. consumer prices came in higher than expected in January as inflation showed few signs of slowing down.
Read More U.S. Inflation Surges To 3% In January, Slashing Hopes Of Interest Rate CutsTag: Federal Reserve
Trump Halts Treasury Penny Production To Cut Waste, As The Process Costs More Than What The Coins Are Worth
President Donald Trump announced on Sunday that the U.S. The Treasury will stop producing pennies as the production costs more to make than it’s worth.
Read More Trump Halts Treasury Penny Production To Cut Waste, As The Process Costs More Than What The Coins Are WorthWhite House Budget Director Orders To Pause CFPB Funding
Head of the US Consumer Financial Protection Bureau (CFPB) Russell Vought has ordered staff to pause their activity.
Read More White House Budget Director Orders To Pause CFPB FundingUS job openings post biggest drop in 14 months
U.S. job openings dropped by the most in 14 months in December, but steady hiring and low layoffs suggested that the labor market was not abruptly slowing down.
Read More US job openings post biggest drop in 14 monthsUS business activity at nine-month low in January; hiring accelerates
Firms reported boosting hiring, supporting the Federal Reserve’s cautious approach to cutting interest rates this year.
Read More US business activity at nine-month low in January; hiring acceleratesReport: Mortgage Rates Surpass 7% For First Time Since May
According to a new report, mortgage rates increased this week, going above 7% ━ adding more pressure to the housing market.
Read More Report: Mortgage Rates Surpass 7% For First Time Since May