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Americans Soured on U.S. Economy in June
The rise in how Americans view the U.S. economy didn’t last long.
According to the Conference Board, the way Americans see the economy dropped in...
Fed Chair Stands His Ground on Rate Cuts
For weeks, Federal Reseve Chair Jerome Powell has been under intense pressure from President Donald Trump and some Republican lawmakers to lower interest rates.
But...
Commerce Department Downgrades First-Quarter Performance
First impessions can be deceiving.
The U.S. Commerce Department said this week that earlier estimates about the U.S. economy were wrong, indicating the economy actually...
Fewer Americans Seek First-Time Unemployment Benefits
The number of Americans applying for unemployment benefits fell by 10,000 last week and remain at historically low levels.
Jobless claims for the week ending...
House Prices and Consumer Confidence Fall
House prices fell more than expected this spring. The FHFA Purchase-Only House Price Index fell 0.4% on the month in April, worse than the...
Kroger Closing 60 Stores Around the U.S.
In what the company says is an effort to boost profits and increase efficiency, Kroger plans to close some 60 U.S. grocery stores over...