New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he is confident it will start decelerating later this year. With markets on edge over the direction of monetary policy, Williams offered no clear indication of his position on possible interest rate cuts. Instead,…
The pace of hiring remains strong for lower-earning Americans, holding steady above its pre-pandemic baseline even as the demand for higher-income…
The Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped up a strong month…
Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020,…
Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods — it’s because they’re…
Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its seat belt warning system that…
Orange juice prices have climbed to fresh all-time highs amid persistent supply constraints, pushing the industry into crisis mode and…
A top McDonald’s executive is weighing in on claims that the company has jacked up its prices. Joe Erlinger, president of…
Nissan has issued a ‘do not drive’ warning for about 84,000 older-model vehicles because they carry recalled Takata-made airbags.…