FILE - A display shows most indices up on the floor at the New York Stock Exchange in New York, Tuesday, Oct. 4, 2022. Corporate profits have withstood raging inflation over much of the last year, but ...
Just days ago, the MSNBC anchor inadvertently stepped into a Twitter firing squad by trying to explain how higher wages are adding to the specter of inflation that’s haunting the U.S. economy.
Save money, live better, travel more.ASSOCIATED PRESS A portion of the 1040 U.S. Individual Income Tax Return form is shown in July 2018, in New York. Taxpayers will get fatter standard deductions for ...
The Producer Price Index dished up another nasty surprise, with the Services PPI leaping by 7.1% annualized, and with the Finished Goods PPI jumping by 4% annualized in January. During the current ...
The Fed began raising “interest rates” on March 16, 2022. At the time the dollar price of gold was $1,936. 525 basis points worth of hikes later, the dollar price of gold sits at $2,041. Why the ...
While the White House lectures on the strength of the economy, Americans are drowning in credit-card debt, which hit a record high $1.13 trillion by the end of last year. Of course Americans are sour ...
NEW YORK — Corporate profits have withstood raging inflation over much of the last year, but those good times may be ending. Profits stayed fat even as companies’ costs rose thanks to one simple trick ...