The number of new applications for unemployment benefits dropped last week to the lowest level in four months, according to the Labor Department’s latest weekly jobless […]
The U.S. government has for the first time laid out more than $1 trillion in gross interest payments on its national debt, according to a report by […]
The Commerce Department’s personal consumption expenditure (PCE) index rose 0.2% from June to July. On an annualized basis, it rose from 3.3% compared to a year before, up […]
The Labor Department reported on Wednesday that consumer prices rose only 3 percent during the 12 months ending in June. That’s down significantly from May’s number of 4% […]
The Federal Reserve’s decision on Wednesday to raise interest rates for the ninth time since last March comes amid turmoil in the banking sector. Fed Chairman […]