July 24, 2019
“The Fed, whose policymakers meet next week to set interest rates, lacks a pressing domestic case to clip borrowing costs: The jobless rate was close to a five-decade low at 3.7% in June, consumer spending is buoyant and the overall expansion just became… Continue Reading…
July 22, 2019
“…The Federal Reserve is planning to cut rates at its policy meeting at the end of the month even though the United States economy, by most available evidence, is doing perfectly fine. It appears, based on a close reading of… Continue Reading…
July 17, 2019
“The core consumer price index, which excludes food and energy, rose 0.3% from the prior month, the most since January 2018, and 2.1% from a year earlier, Labor Department data showed Thursday. Both figures exceeded estimates. The broader CPI climbed… Continue Reading…
July 5, 2019
“The American jobs engine revived in June as hiring topped all economists’ estimates… Nonfarm payrolls climbed a solid 224,000 last month… a Labor Department report showed Friday. At the same time, the jobless rate ticked up to 3.7% from a… Continue Reading…
June 25, 2019
“The International Monetary Fund on Thursday raised its economic growth assessment for the U.S.Opens a New Window. this year, but warned that escalating global trade disputes could pose a threat to that outlook. In an overarching review of the U.S. economy, the… Continue Reading…
June 25, 2019
” The cap on state and local tax (SALT) deductions has already begun to driveOpens a New Window. some residents away from high-taxOpens a New Window. states like New York and New Jersey, but experts say that trend is only going to intensify… The… Continue Reading…
June 12, 2019
“For the first time in the history of the United States, the federal government has spent more than $3 trillion in the first eight months of the fiscal year, according to the Monthly Treasury Statement released today. The record $3,013,541,000,000 that… Continue Reading…
June 10, 2019
“The Dorchaks say that their monthly expenses typically range from about $2,000 to $3,000, though this can vary a lot. Some of their largest expenses are food, which costs them about $300 to $400 a month (they grow a lot… Continue Reading…
June 7, 2019
“The International Monetary Fund on Thursday raised its economic growth assessment for the U.S.Opens a New Window. this year, but warned that escalating global trade disputes could pose a threat to that outlook. In an overarching review of the U.S. economy, the… Continue Reading…
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