Crypto companies are falling like dominoes, with BlockFi filing for bankruptcy on Monday due to its exposure to collapsed crypto exchange FTX. BlockFi, once valued at...
New York Federal Reserve President John Williams in a speech on Monday said that rising interest rates will be necessary to fight inflation until 2024. My...
Retail sales fell 0.6% in November from the previous month, more than expected, as consumers pulled back on spending even as inflation shows signs of easing....
In a sign that inflation could begin easing, the consumer price index rose less than expected in October. Prices measured by the index in October increased...
A record 196.7 million people shopped in stores and online from Thanksgiving Day through Cyber Monday, according to the National Retail Federation. According to the NRF,...
Beginning early next year, the US economy will start shedding tens of thousands of jobs per month as a result of the Federal Reserve’s battle against...