3+ day, 2+ hour ago   (102+ words) Another hot CPI report must mean the Fed is going to raise interest rates, right? Another day, another hot inflation report. The August consumer price index rose 3.4% year-over-year, well above the Fed’s target rate of 2%. Next week, members of the…...

3+ day, 18+ hour ago   (462+ words) Analysts don’t see an end to war in the Middle East on the horizon. The oil market is in choppy waters. On Thursday, Brent Crude and West Texas Intermediate — two global benchmarks — were both up over 7%. WTI crossed the $100-per-barrel…...

4+ day, 18+ hour ago   (151+ words) Ahead of the September FOMC meeting, we asked University of Chicago economist Randy Kroszner WWKWD: “What will Kevin Warsh do?” Federal Reserve Chairman Kevin Warsh has, once again, kept his cards close to his chest ahead of a Federal Open…...

4+ day, 20+ hour ago   (427+ words) Oil prices that top the $100-per-barrel mark have downstream effects on all kinds of things. Bonds are among them. Oil prices topped $100 a barrel after the U.S. attacked several Iranian oil tankers on Wednesday. Prices haven’t surpassed that triple-digit milestone since…...

6+ day, 18+ hour ago   (510+ words) We’ll be getting a better picture of consumer borrowing this week from the Federal Reserve. The engine of this economy — the force that's kept it ticking along in the face of tariffs and wars and climate disasters — is the U....

1+ week, 2+ day ago   (188+ words) The labor market got a good report card for August, but inflation remains high. That complicates the Federal Reserve’s decision-making process. There are two sides to the Federal Reserve’s dual mandate: stable prices and maximum employment. And today, the maximum…...

1+ week, 5+ day ago   (410+ words) For every job seeker, there are 1.05 jobs available. The number of job openings in the U.S. didn’t change a whole lot last month, according to the fresh Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics. The JOLTS…...

1+ week, 6+ day ago   (535+ words) Fed watchers expect the FOMC to raise rates at its September meeting, after Fed Chair Warsh said inflation hasn’t meaningfully improved. At the Kansas City Federal Reserve’s annual symposium in Jackson Hole, Wyoming, last week, Fed Chair Kevin Warsh said…...

1+ week, 6+ day ago   (400+ words) Consumers are still spending. But for many, that now means dipping into savings. Economists expect more of the low-fire, low-hire labor market they’ve observed for months. Although those jobs numbers are some of the most important indicators for expert analysts,…...

3+ week, 2+ day ago   (1009+ words) More than a quarter of people who are unemployed have now been out of work for at least 27 weeks. Some for much longer. When Will Thomas first got laid off last September, part of him felt relieved. He had been…...