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Specialist Peter Mazza works at his post on the floor of the New York Stock Exchange. There are fears from some that a recession might be on the horizon given the Fed's hiking of interest rates.
Business

Recession risk rising and adding to inflation problems

Zach Halaschak -
0
Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington.
Beltway Confidential

The Fed knows it’s lying to you

Tiana Lowe Doescher -
0
FILE - In this Oct. 18, 2010 file photo, an Amazon.com package is prepared for shipment by a United Parcel Service (UPS) driver in Palo Alto, Calif. States could force Internet retailers to collect sales taxes under a bill that the Senate advanced on Wednesday. (AP Photo/Paul Sakuma, File)
Business

Mortgage applications down 41% from last year as rates soar

Zach Halaschak -
0
In this Monday, Sept. 2, 2013 photo, a sold sign is posted outside a house in Long Beach, Calif. Freddie Mac reports on mortgage rates for the first week of September on Thursday, Sept. 5, 2013. (AP Photo/Nick Ut)
Business

Mortgage rates cross 5% for first time in years, hurting affordability

Zach Halaschak -
0
Unemployment has dropped much faster than the Fed or White House expected
News

Unemployment has dropped much faster than the Fed or White House expected

Zach Halaschak -
0
India’s Prime Minister Narendra Modi and President Biden, June 2023.
Business

Rising mortgage rates could begin to cool a still-hot housing market

Zach Halaschak -
0
Forecasters had expected annual inflation to slow from 2.1 percent to 2 percent in the Bureau's Consumer Price Index. (AP Photo/LM Otero, File)
Business

Inflation hits 40-year high in key gauge watched by Fed

Zach Halaschak -
0
Inflation now top economic problem and rising: Gallup
News

Inflation now top economic problem and rising: Gallup

Zach Halaschak -
0
A key bond market indicator is flashing major recession risk
News

A key bond market indicator is flashing major recession risk

Zach Halaschak -
0
Jobless claims fall to lowest level since 1969 as economic recovery continues
Business

Jobless claims fall to lowest level since 1969 as economic recovery continues

Zach Halaschak -
0
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