Inflation remained cool in July, based on the Personal Consumption Expenditures Index, keeping the Federal Reserve on track for rate cuts.
Category: United States Economy
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The Fed’s Preferred Inflation Gauge Stays Cool, Keeping a Rate Cut Imminent
Inflation remained cool in July, based on the Personal Consumption Expenditures Index, keeping the Federal Reserve on track for rate cuts.
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Harris and Trump Have Differing Plans to Solve Housing Crisis
The two presidential nominees are talking about their approaches for solving America’s affordability crisis. But would their plans work?
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Harris and Trump Have Differing Plans to Solve Housing Crisis
The two presidential nominees are talking about their approaches for solving America’s affordability crisis. But would their plans work?
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30-Year Mortgage Rate Falls to 6.35%
Further declines could encourage more activity from buyers and sellers.
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How Wall Street Learned About Last Week’s Labor Data Before the Public
The Labor Department provided insight into a recent lapse in which revised payrolls data were given out à la carte before they were online.
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Harris and Trump Embrace Tariffs
Both Democrats and Republicans are expressing support for tariffs to protect American industry, reversing decades of trade thinking in Washington.
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What Across-the-Board Tariffs Could Mean for the Global Economy
Donald J. Trump, the Republican presidential nominee, has floated the idea of a 10 percent tariff on all U.S. imports, a plan that economists say could badly damage trade.
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Care Policies Take Center Stage in Harris’s Economic Message
The Democratic nominee says she wants to make raising a family more affordable. But she has provided few details on her proposals.
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The Big Number: 818,000
The Labor Department issued a huge downward revision on jobs figures for the 12 months that ended in March, pointing to greater cracks in the economy.
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Fed Chair Powell Signals Interest Rate Cuts in Jackson Hole Speech
Jerome H. Powell used a speech in Jackson Hole to signal that the Federal Reserve will begin to cut rates on Sept. 18, and to voice wariness about the job market.
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In Peak Election Season, the Stock Market Is Often Fickle. Be Patient.
With the political conventions behind us and a rate cut expected soon, the market has been rallying, yet our columnist says it’s safer to play a longer game.