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FILE-In this Wednesday, May 9, 2012, file photo, David Lee holds on to his carts while shopping at a Costco Wholesale in Portland, Ore. A steep drop in gasoline costs drove down a measure of U.S. wholesale prices in May by the most since July 2009. But outside the food and energy categories, prices increased moderately. (AP Photo/Rick Bowmer, File)
Business

Inflation fell to 8.7% in August, according to producer price index

Zach Halaschak -
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In this photo provided by the New York Stock Exchange, traders Edward McCarthy, center, and Edward Curran, right, work on the floor of the New York Stock Exchange, Monday, Jan. 10, 2022. Stocks fell broadly in afternoon trading on Wall Street Monday and bond yields continued rising as investors anticipate moves by the Federal Reserve to raise interest rates.

Hot inflation report tanks markets on fears economy won’t have a ‘soft landing’

Zach Halaschak -
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A customer walks past the frozen food aisle inside a Kroger Co. grocery store in Louisville, Kentucky.
Business

Inflation comes in hotter than expected at 8.3% annual rate in August

Zach Halaschak -
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Tuesday CPI report biggest test yet of whether or not inflation has peaked
Business

Tuesday CPI report biggest test yet of whether or not inflation has peaked

Zach Halaschak -
0
In this April 14, 2019, photo a now hiring sign is posted at a Domino's Pizza in Jersey City, N.J. On Wednesday, May 1, payroll processor ADP reports how many jobs private employers added in April.

Low jobless claims raise hopes for soft landing for economy

Zach Halaschak -
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Recession ahead? Four traditional indicators — and four weird ones
Business

Recession ahead? Four traditional indicators — and four weird ones

Zach Halaschak -
0
In recent weeks, some companies have sent their stocks soaring by announcing that they are getting involved with Bitcoin or blockchain technologies as cryptocurrency prices have soared. (AP Photo/Mark Lennihan, File)
News

Treasury to recommend issuing ‘digital dollar’

Christopher Hutton -
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Real estate market finally cools down
Business

Real estate market finally cools down

Emma Loop -
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Michael Barr is the dean of the University of Michigan Ford's School of Public Policy and is Biden's nominee for top bank regulatory role.
Business

Fed to launch climate risk analysis for big banks next year, top official says

Zach Halaschak -
0
The economy is gaining jobs as the United States emerges from its pandemic-induced economic slump. Still, even with recent job growth, painful inflation has increased significantly.

Economy beat expectations with 315,000 jobs in August, unemployment rose to 3.7%

Zach Halaschak -
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