The latest consumer price index report for July shows inflation at 2.9%, but Americans are still struggling to make ends meet.
Read More Job Creators Network Reacts to the Latest Inflation ReportTag: groceries
US consumer confidence retreats slightly; house prices remain elevated
The mixed survey also showed consumers’ perceived likelihood of a recession over the next 12 months retreated this month.
Read More US consumer confidence retreats slightly; house prices remain elevatedUS consumer prices unchanged in May; rate-cut expectations rise
U.S. consumer prices were unexpectedly unchanged in May, but inflation likely remains too high for the Federal Reserve to start cutting interest rates before September.
Read More US consumer prices unchanged in May; rate-cut expectations riseUS sues to break up Live Nation-Ticketmaster
“It is time to break up Live Nation,” said U.S. Attorney General Merrick Garland.
Read More US sues to break up Live Nation-TicketmasterUS wholesale inventories drop by unrevised 0.4% in March
U.S. wholesale inventories fell, confirming that inventory investment was a drag on economic growth in the first quarter.
Read More US wholesale inventories drop by unrevised 0.4% in March