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Sticky inflation, Fed drama and the rise of 'cute' debt
Core inflation rose to 2.9% in July, according to the latest PCE data — the Fed's preferred inflation gauge — marking its highest level in months. Bu…
10 months ago
What's really going on in the Trump economy?
The U.S. economy grew faster than expected in the second quarter of the year, with GDP revised up to an annualized 3.3% from April through June. We t…
10 months ago
The relationship between consumer mood and spending? It's complicated
On Tuesday, the Conference Board reported a slight drop in consumer confidence, driven by worries about available jobs and future incomes. But a dip …
10 months ago
Can the president remove a Fed governor?
Late Monday, President Trump announced plans to remove Lisa Cook from the Federal Reserve Board of Governors over unproven allegations of mortgage fr…
10 months ago
For every action, something can go sideways
President Trump's recent deal with Intel gives the U.S. government a 10% ownership stake in the company. But today, Intel responded with a regulatory…
10 months ago
Special Coverage from "Marketplace": The Real Costs
These are tumultuous times in the economy. There is inflation, a weakening job market, and uncertainty over tariffs and other federal policies. But t…
10 months ago
Chili's is back (baby back, baby back)
Brinker International, which owns casual dining chain Chili’s, just beat 50-year sales and revenue records. In this fickle economic moment, how’d the…
10 months, 1 week ago
WWJPD?
Rising unemployment claims will be on Fed Chair Jay Powell's mind when he addresses the Jackson Hole Economic Symposium on Friday, and as he contempl…
10 months, 1 week ago
Consumers embrace their inner Maxxinista
A consumer vibes indicator, in the form of two Q2 earnings reports: TJX (which owns TJ Maxx, HomeGoods, and Marshalls) raised its outlook for the rem…
10 months, 1 week ago
Flat pay raises are a sign o' the times
In this uncertain economy, employers want to save where they can. That’s likely why Starbucks just joined a growing list of companies to shift from m…
10 months, 1 week ago