Consumer prices surpassed economists’ expectations in January, winding down investors’ hopes of early rate cuts. The Consumer Price Index (CPI), which gauges the cost of […]
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Retail Sales Slip 0.8% Amid January Chill
Americans gripped their wallets tighter in January and stayed inside due to frigid weather, but the slump in shopping was largely due to one-off factors. […]
Despite Wage Increases, Restaurants Struggle to Bring Back Workers
When longtime server Lori Fox lost their job early in the pandemic, they assumed they were stepping away from the restaurant industry for a short […]
Native American Veterans Offered Extremely Low Mortgage Rate But Can The VA Effectively Deliver?
After her enlistment with the U.S. Navy ended in 2013, Bonnie Faye returned home to the Crow Creek Sioux Reservation in South Dakota, where she […]
The Higher Costs of Deploying Broadband
When rural electric cooperatives began considering deploying broadband internet, thanks to a flush of billions of dollars in federal funding to close the digital divide, […]
Semiconductor Manufacturers are Coming Back to the US. Finding Workers Is a Different Story.
Ashwin Chandwani was crestfallen when he lost the chance to work for Tesla. The electrical engineering student had reached the final stage of interviews when […]
Jobs Growth Continues to Defy Expectations
Jobs growth exceeded expectations last month, and unemployment fell to the lowest level in decades. But that surprise performance may mean higher interest rates as […]
Five Things to Watch for in April’s Retail Sales Report
On Tuesday morning, the U.S Census Bureau will release the latest retail sales report, which chronicles the amount consumers spent on goods and services the […]
Five Things to Watch Out for in April’s CPI Report
The Bureau of Labor Statistics’ latest Consumer Price Index (CPI) report, one measure of inflation, will be released Wednesday morning. Economists’ averaged forecast for April’s […]
Five Things to Watch in the March Durable Goods Report
On Wednesday, the Census Bureau will release the advance report on durable goods, showing the level of manufacturing orders and shipments for March. Most economists […]