The yin and yang of the U.S. economy continued in March, as retail sales tumbled by 1%, a much larger drop than expected, the Census Bureau reported on Friday.A
The emergency actions taken by the U.S government Sunday to protect the banking system in the wake of the collapse of Silicon Valley Bank will loom large over t
The economy is too hot. Yet, the economy is headed for a recession.The housing market is in the dumps. Yet, new home sales are at their highest level in 10 mont
In yet another sign the battle against inflation is not going to be easy, the Federal Reserve’s preferred inflation measure showed prices rose 0.6% in January
While acknowledging that inflation is showing some signs of improvement, members of the Federal Reserve nonetheless believe there is a need for continued increa
Retail sales rose 1.3% in October, driven by increased purchases of gasoline, food and drink, the Census Bureau reported on Wednesday.Economists had forecast a
Retail sales held steady in September, the Census Bureau reported on Friday.The number, not adjusted for inflation, compares to a 0.4% increase in August, which
In yet another sign inflation continues to spread throughout the economy, wholesale prices rose 0.4% in September, more than expected, the Bureau of Labor Stati
When it comes to Switzerland, it’s not all chocolate and cheese.The country at the heart of Europe is also home to the world’s largest publicly held food an
The number of Americans filing first-time claims for unemployment benefits fell to 222,000 last week, the Labor Department reported on Thursday.The reading was
