For the third straight month, sales of previously occupied U.S. homes fell in May as increasing mortgage rates and record-high prices discourage many potential homebuyers during what’s typically the housing market’s busiest period of the year.
The benchmark S&P 500 touched a record high on Thursday, boosted by strong gains in Nvidia.
U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.
The Federal Reserve decides to hold interest rates steady following the latest inflation report.
Inflation Slowed in May According to the Consumer Price Index Out Today.
The latest jobs report shows that 272,000 jobs were added in May, while unemployment rose to 4%, and labor force participation remained relatively stable.
After Memorial Day marks the official start of the summertime season, but President Biden’s policies may be putting a damper on the summer fun.
Donald Trump seems to keep bouncing back after every effort to bring him down, the indictments, the conviction. Why is that? When you check the polls to see what issues matter most to voters, inflation tops the list.
Walgreens has announced it will cut prices on 1,300 items across its drugstores, becoming the latest big retailer to enact discounts as consumers continue to fight against high inflation.
The Dow Jones Industrial Average hit the 40,000 point threshold for the first time ever on Thursday as investors on Wall Street were feeling timid over the idea of interest rate cuts.