(The Center Square) – The inflationary pressure squeezing taxpayers’ wallets comes from “scheming corporations," according to Pennsylvania U.S. Sen. Bob Casey Jr.
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(The Center Square) – More Americans are struggling financially as savings are significantly down and debt and delinquencies are up compared to four years ago.
(The Center Square) – Consumer prices rose again last month after dipping in June, according to newly released federal inflation data.
(The Center Square) – Newly released survey data shows that small businesses are still feeling the pain of inflation.
(The Center Square) – Federal Reserve Chair Jerome Powell was grilled over the current state of the U.S. economy during a hearing in front of Congress on Tuesday. The hearing covered rising inflation, interest rates and other economic issues.
(The Center Square) – Small businesses cite inflation as their number one concern, according to new survey data.
(The Center Square) – Despite solid wage growth in May, consumers showed some restraint, and inflation continued to moderate.
(The Center Square) – Pending home sales fell 2.1% in May, according to the National Association of Realtors.
The focus is rapidly shifting from inflation to concerns that the U.S. economy may be cooling too quickly.
After a blockbuster jobs report cast doubt over Federal Reserve rate cuts and pushed Treasury yields higher at the start of the month, investors finally caught a break last week.