Tag: Inflation
This Week: Consumer credit, GameStop earns, consumer prices
A look at some of the key business events and economic indicators upcoming this week:
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Biden says jobs report bolsters case for government spending
President Joe Biden portrayed the May jobs report as a jumping off point for more spending on infrastructure and education to keep growth going...
US economy: Plenty of growth, not enough workers or supplies
WASHINGTON — The U.S. economy is sparking confusion and whiplash almost as fast as it’s adding jobs.
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Biden says jobs report bolsters case for government spending
President Joe Biden portrayed the May jobs report as a jumping off point for more spending on infrastructure and education to keep growth going...
Turkish lira dips to record low over Erdogan rate comments
ANKARA, Turkey — The Turkish lira dipped to new record lows on Wednesday after President Recep Tayyip Erdogan rattled investor confidence by saying he...
Eurozone inflation rebounds to 2.0% on higher energy prices
FRANKFURT, Germany — Eurozone inflation rose to 2.0% in May, driven higher by rising oil prices as other inflationary pressures appeared to remain subdued....
Yellen says economic recovery likely to be ‘bumpy’
WASHINGTON — Treasury Secretary Janet Yellen says that the economic recovery is going to be “bumpy” with high inflation readings likely to last through...
Survey: Business economists foresee best growth in 37 years
WASHINGTON — The nation's business economists have grown much more optimistic about the U.S. economy this year, with a majority predicting that increased vaccinations,...
Biden betting on wage growth, while GOP warns of inflation
WASHINGTON — The Biden administration recently gave a bit of simple advice to businesses that are unable to find workers: Offer them more money.
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US average mortgage rates rise; 30-year loan at 3%
WASHINGTON — Mortgage rates rose this week, pushing the benchmark 30-year home loan to the 3% mark for the first time since mid-April. Signs...
