U.S. stocks moved firmly higher in early Friday trading, while Treasury yields and the dollar were largely unchanged, as investors reacted to a key speech from Federal Reserve Chairman Jerome Powell that could clarify the central bank’s plans for autumn rate cuts.Â
Fed Chair Powell signals rate cuts as stocks test record highs Read More »
Federal Reserve Chairman Jerome Powell will take the stage at the central bank’s annual retreat in Jackson Hole Friday with renewed confidence that inflation is receding and the economy is poised, albeit delicately, for a so-called soft landing.
U.S. job growth during much of the past year was significantly weaker than previously reported, according to new data published Wednesday.
‘Weaker than reported’ U.S. economy created 818,000 fewer jobs than first accounting Read More »
A former White House economist is sounding the alarm on Vice President Kamala Harris’ economic agenda after former President Trump warned the U.S. would suffer a “1929-style depression” under a Harris presidency.
Sen. Tim Scott, R-S.C., shredded Vice President Kamala Harris’ economic proposal on Friday, which laid out a sweeping overhaul including broad cross-industry price-fixing and $25,000 government-subsidized down payments for first-time home buyers.Â
Inflation eased again in July, even as an uptick in the cost of rent, groceries and auto insurance kept prices uncomfortably high for millions of Americans.
Where are prices still rising the fastest? At the kitchen table, for starters. Read More »
One economist says the state of grocery prices is leaving him in “shock” despite knowing a thing or two about inflation.Â
Harvard economist says food prices are leaving him in ‘state of shock’ Read More »
A 21.7% dip in folks filing to start a business in Colorado during the second quarter was largely attributed to the end of a program more than a year ago that reduced filing fees to $1, according to the latest quarterly data from the Colorado Secretary of State’s Office.
The rapidly rising federal debt will do substantially more damage to the U.S. economy in coming years than climate change, the Congressional Budget Office said, putting stark figures on the size of the danger.
Growing government debt is bigger threat to economy than climate change, CBO says Read More »
The minimum wage in Colorado and a few local governments is going up again Jan. 1.Â
State’s minimum wage could increase by nearly 3% again in January Read More »
