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Tag: inflation

A "For Sale" sign is posted outside a residential home in the Queen Anne neighborhood of Seattle, Washington, U.S. May 14, 2021. REUTERS/Karen Ducey/File Photo

Record house prices depress US home sales in June

U.S. existing home sales fell more than expected in June as the median house price set another record high.

Read More Record house prices depress US home sales in June
The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo

Fed getting ‘closer’ to rate cuts, top officials say

Fed Governor Christopher Waller and New York Fed President John Williams both voiced that description of the shortening horizon toward looser monetary policy.

Read More Fed getting ‘closer’ to rate cuts, top officials say
File photo: People shop in a supermarket as inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022. REUTERS/Andrew Kelly/File photo

Monthly US consumer prices post first drop in four years as inflation subsides

U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.

Read More Monthly US consumer prices post first drop in four years as inflation subsides
NEW YORK, NEW YORK - JULY 28: A "help wanted" sign is displayed in a window in Manhattan on July 28, 2022 in New York City. The Commerce Department said on Thursday that the nation's Gross Domestic Product (GDP) fell 0.2 percent in the second quarter. With two GDP declines in a row, many economists fear that the United States could be entering a recession. (Photo by Spencer Platt/Getty Images

US job growth slows moderately; unemployment rate rises to 4.1%

The Labor Department’s employment report also showed the economy created 111,000 fewer jobs in April and June than previously estimated.

Read More US job growth slows moderately; unemployment rate rises to 4.1%
SAN FRANCISCO, CA - NOVEMBER 09: Job seekers wait in line to enter the San Francisco Hire Event job fair on November 9, 2011 in San Francisco, California. The national unemployment rate dipped this past month to 9 percent in October after employers added 80,000 jobs. (Photo by Justin Sullivan/Getty Images)

Report: U.S. Job Market Weakens In June

The economy grew via the addition of 206,000 jobs in June, but unemployment was still above 4% in the same month, according to the Labor Department on Friday. 

Read More Report: U.S. Job Market Weakens In June
Former President Trump And Fellow Conservatives Address Annual CPAC Meeting DALLAS, TEXAS - AUGUST 06: Former U.S. President Donald Trump speaks at the Conservative Political Action Conference (CPAC) at the Hilton Anatole on August 06, 2022 in Dallas, Texas. CPAC began in 1974, and is a conference that brings together and hosts conservative organizations, activists, and world leaders in discussing current events and future political agendas. (Photo by Brandon Bell/Getty Images)

Leaked Video: Trump’s Critique of Biden And Harris Following Debate

Former President Donald Trump was seen in a leaked video referring to President Joe Biden as a “broken-down pile of crap” and stating he hopes that Biden drops out of the race soon.

Read More Leaked Video: Trump’s Critique of Biden And Harris Following Debate

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