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Economy

A help-wanted sign

U.S. job openings and hires were steady in May, Labor Department report says

By Kevin Killough

Economy

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Retail shopping, Dec. 22, 2010, Berlin, Germany

Everyday Economics: The consumer is still spending, but not out of the woods

Last month, inflation was still too high but some households got a little breathing room.

Economy

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Inflation stock image

Fed's key inflation measure shows highest jump since October 2023

Despite high inflation rates, consumer spending was higher than expected. Personal income also beat forecast.

Economy

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Elon Musk

As SpaceX shares drop, Elon Musk loses trillionaire status

Shares of SpaceX were down to $155 on Wednesday, and Musk was $6 billion poorer than he'd been when SpaceX debuted earlier this month.

TIm Stewart says analysts are ‘pricing in’ $5 gasoline by the end of the year

What soaring inflation will mean for the U.S.

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Federal Reserve expected to raise interest rates again on Wednesday

John Gibbs: Officials consider partially releasing mortgage giants from conservatorship

President Biden is optimistic but says bringing inflation down will take time

Economic indicator shifts and household budgeting

Monica Crowley calls economy the "paramount issue" for Americans heading into 2024

US unemployment rate for March 3.6%, essential unchanged from previous month

Phillip Patrick: inflation reports aren't looking good

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