Economy - /contrib/economy

Treasury Secretary Janet Yellen: Expect inflation to improve by 'the middle to end' of 2022

Investors are stepping up bets that the world's key central banks will raise interest rates sooner than they'd planned, and faster than they'd like. Global bonds are headed for their ... Click to Continue

President Biden's administration is considering releasing oil from the Strategic Petroleum Reserve, among other things, as gas prices reach a 7-year high.

Natural gas prices have reached unhealthy levels for both producers and consumers, Saad al-Kaabi, Qatar's Energy Minister and CEO of Qatar Petroleum, the world's top LNG exporter, said on Thursday

The Delta variant and a tight labor market held back job growth, with public school hiring lower than expected.

The Food and Agricultural Organization (FAO) of the United Nations, food prices are higher than they've been in ten years.

Costco is setting consumer limitations on purchases of essenitial household items amid inflation and supply-chain complications.

A US default would be a "catastrophic blow" to America's economic recovery from Covid-19, setting off a downturn that would rival the Great Recession, Moody's Analytics warned in a new report. If the US defaults on its debt payments and the impasse drags on, the ensuing recession would wipe out

Americans Panic Over Soaring Inflation, Buying Conditions Hit The Worst On Record One month ago, when looking at the internals of the UMich report, we noted that there was " A Sudden Negative Change In The Economy" as consumer spending intentions

NPR highlighted the growing number of mobile home part evictions. According to the report, real estate investors continue to buy up mobile home parks across the US. They then raise lot rents and fees, and evict residents who can’t pay.

Nearly 18 months after Congress came to the rescue of jobless Americans, its historic expansion of the nation's unemployment benefits system expired nationwide this weekend.

ALBANY, N.Y. (AP) — New York lawmakers prepared to vote Wednesday on extending an eviction moratorium for tenants who fell behind on their rent because of hardships caused by the COVID-19 pandemic....

New England business leaders are awaiting the impact of pandemic-era unemployment benefits running out around Labor Day.The cutoff will affect more than 300,000 people in Massachusetts alone , the ...

The Federal Reserve's favorite measure of inflation rose to its highest level since 1991 in July, the Bureau of Economic Analysis said Friday.

The Supreme Court on Thursday blocked the Biden administration's Covid-related eviction moratorium. Read the ruling and dissent here: The-CNN-Wire & 2021 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. The post READ: Supreme Cour

The IRS has distributed almost 170 million payments. But hardship levels remain high as the Delta variant spreads.

Kamala Harris in Singapore delivered what was billed as a major foreign policy speech, but failed to mention Afghanistan.

Home is where the rent's affordable which, for many Americans, is an increasingly thin portion of the housing market.

With the Delta Variant wreaking more havoc on the United States each day and accounting for nearly all new COVID-19 cases, the effects of the pandemic on the economy could once again start to be felt as potential mitigation measures once again start to ta

More than 2.7 million people have signed a Change.org petition calling for $2,000 monthly stimulus checks until the pandemic is over.