The Week in Business: A Chatbot Yearns for Existence
The nation’s growing budget deficit. Inflation is cooling, but not as quickly as expected. And the Fed will offer insights into its thinking.
Posted inBanking and Financial Institutions Credit and Debt Federal Reserve Bank of Cleveland Inflation (Economics) Interest Rates Standard & Poor's 500-Stock Index Stocks and Bonds United States Economy
Why a Strong Economy Is Making Stock Investors Jittery
After stocks jumped more than 6 percent in January, the tone shifted markedly this week as a steady flow of data showed the economy continued to run hot.
Posted inFederal Budget (US) Inflation (Economics) Law and Legislation National Debt (US) Stimulus (Economic) Tax Credits, Deductions and Exemptions United States Economy United States Politics and Government Veterans
U.S. on Track to Add $19 Trillion in New Debt Over 10 Years
Congressional Budget Office projections released on Wednesday suggested rising interest rates and bipartisan spending bills are adding to deficits, amid a partisan fight on fiscal policy.
Retail Sales Surge as Prices Rise and Shoppers Keep Buying
Consumer spending jumped in January, which was good news for retailers but could weigh on the Federal Reserve’s efforts to tame rapid inflation.