Customers look over clothing items displayed on April 18, 2025 at a Costco branch in Niantic, Connecticut. Robert Nickelsberg | Getty Images The producer price index,...
Category: Economy
Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown
Job creation sputtered in August, adding to recent signs of labor market weakening and likely keeping the Federal Reserve on track for a widely anticipated interest...
Trump’s Fed firing: What to know and why it matters
President Donald Trump sent shockwaves through global markets Monday night by saying he would fire Federal Reserve Board Governor Lisa Cook. Trump’s decision not only put...
Businesses bringing back recession specials could be the latest sign of deteriorating consumer sentiment
A sign outside Brooklyn coffee shop Clever Blend offers a $6 gelato and espresso “recession special.” Lisa Kailai Han | CNBC As fears of a slowing...