The Federal Reserve is primarily watching progress on inflation as it contemplates its next steps, but it is also keeping an eye on the labor market.
Category: Prices (Fares, Fees and Rates)
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Planning a Trip? Tips and Tricks for Working With a Travel Adviser
The internet has turned us all into our own travel planners, but for complicated itineraries or milestone trips, an adviser can save you money and headaches.
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How China Came to Dominate the World in Solar Energy
Beijing is set to further increase its manufacturing and installation of solar panels as it seeks to master global markets and wean itself from imports.
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Lucien Pellat-Finet, Fashion’s ‘King of Cashmere,’ Dies at 78
The aesthetic of the sweaters he designed, which included provocative symbols like marijuana leaves and skulls, was casual. Their price tags were not.
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Fed Chair Powell Still Expects to Cut Rates This Year, but Not Yet
Jerome H. Powell, chair of the Federal Reserve, said policymakers still expect to lower rates in 2024 — but the timing hinges on data.
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Brighter Economic Mood Isn’t Translating Into Support for Biden
Voters feel slightly better about the economy as inflation recedes, but partisan divides remain deep, a Times/Siena poll found.
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China Sets Economic Growth Target of About 5%
Premier Li Qiang targets economic growth of about 5 percent this year as China signals readiness to borrow more for spending programs.
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OPEC to Extend Oil Production Cuts Through June
Saudi Arabia’s announcement appears to be aimed at bolstering oil prices as growth in demand remains modest.
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High Mortgage Rates Leave Biden Searching for Housing Relief
The president and his team are seeking ways to help Americans afford to rent and buy homes, as high borrowing costs dampen views of the economy.
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Report Helps Answer the Question: Is a College Degree Worth the Cost?
The analysis found that former students at most colleges had an annual income higher than high school graduates a decade after enrollment.
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Eurozone Inflation, Continuing to Ease, Rose 2.6% in February
Prices in the countries that use the euro trended downward in February. But the European Central Bank remains cautious about lowering interest rates.
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Shrinkflation 101: The Economics of Smaller Groceries
Have you noticed your grocery products shrinking? Here’s how that gets counted — and what gets missed — in inflation data.