How Inflation Is Altering People’s Behavior
Americans are suffering from sticker shock.With inflation running at 8.6 percent, its…
Inflation Sped Up Again in May, Dashing Hopes for Relief
A surge in prices in May delivered a blow to President Biden…
Target Will Cut Prices to Clear Out Unwanted Inventory, Taking a Profit Hit
Target plans to cut prices and cancel orders to clear out unwanted…
Wall Street’s Losing Streak Ends, but Uncertainty That Drove It Lingers
The stock market’s staggering run of losses came to an end last…
As Stocks Fall, Economic Fears Rise, Along With Inflation
Broadly speaking, earnings reports have shown that profit growth continues, and results…
Economy Contracted in the First Quarter, but Underlying Measures Were Solid
The U.S. economy contracted in the first three months of the year,…
Biden Administration Plays Down Growth Decline in G.D.P. Report
The White House dismissed a slump in first-quarter growth that was driven…
Is America’s Economy Entering a New Normal?
The pandemic, and now the war in Ukraine, have altered how America’s…
Why the Fed Raised Interest Rates
The Federal Reserve lifted its key interest rate by a quarter of…