economy

Economists believe that inflation has peaked. Main Street braces for more pain

Economists believe that inflation has peaked. Main Street braces for more pain

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Shoppers are seen inside a Kroger supermarket on October 14, 2022 in Atlanta, Georgia. Elie Nouvelage | AFP | Getty Images More and more stock market participants and among the ranks of professional economists have rallied around the view that inflation has either peaked or is already in decline, but Main Street small business owners …

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Wharton professor Jeremy Siegel describes exactly how he sees the stock market, inflation and the economy performing in 2023. Here are the top 9 quotes from the interview.

Wharton professor Jeremy Siegel describes exactly how he sees the stock market, inflation and the economy performing in 2023. Here are the top 9 quotes from the interview.

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Jeremy Siegel is one of the few market experts to expect stock market gains in 2023. The Wharton professor grilled the Fed and outlined his forecast for 2023 in an interview with CNBC last week. Here are the top nine quotes from Siegel’s interview on inflation, the economy, and the stock market. Loading Something is …

Wharton professor Jeremy Siegel describes exactly how he sees the stock market, inflation and the economy performing in 2023. Here are the top 9 quotes from the interview. Read More »

Costco's Inflation Signals Keep Us From Overreacting to Rising Producer Prices

Costco’s Inflation Signals Keep Us From Overreacting to Rising Producer Prices

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Wholesale prices in November may have been slightly warmer than expected, but next week’s look at consumer prices is one that could solidify the Federal Reserve’s next interest rate decision. Ultimately, we think November’s consumer price index (CPI) carries more weight with the market and the Fed than Friday’s wholesale numbers, known officially as the …

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Student loan forgiveness: Americans are divided on how it will affect the economy, but here's what the experts say

Student loan forgiveness: Americans are divided on how it will affect the economy, but here’s what the experts say

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President Biden had hoped a massive student loan forgiveness program would be one of his signature achievements, but the courts have blocked his plan to forgive up to $10,000 of federal college debt for millions borrowers (and up to $20,000 for Pell Grant recipients). Holiday expenses: Get the best holiday shopping and savings tipsTake a …

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Money expert Dave Ramsey's best advice for budgeting in a tight economy: "Slow down, use a little wisdom here"

Money expert Dave Ramsey’s best advice for budgeting in a tight economy: “Slow down, use a little wisdom here”

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Ramsey Solutions founder Dave Ramsey encourages consumers to “slow down and back off a bit” in a “stressed” economy. With economic data indicating that the American consumer is spending more but saving less, money expert Dave Ramsey shared his top tips on Thursday for navigating an “uneven” and “tight” economy. “Slow down a bit, calm …

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Money expert Dave Ramsey's best advice for budgeting in a tight economy: "Slow down, use a little wisdom here"

Money expert Dave Ramsey’s best advice for budgeting in a tight economy: “Slow down, use a little wisdom here”

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Ramsey Solutions founder Dave Ramsey encourages consumers to “slow down and back off a bit” in a “stressed” economy. With economic data indicating that the American consumer is spending more but saving less, money expert Dave Ramsey shared his top tips on Thursday for navigating an “uneven” and “tight” economy. “Slow down a bit, calm …

Money expert Dave Ramsey’s best advice for budgeting in a tight economy: “Slow down, use a little wisdom here” Read More »

US labor market remains tight as unemployment hits 10-month high

US labor market remains tight as unemployment hits 10-month high

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The number of Americans filing new claims for unemployment benefits increased moderately last week, indicating a still tight and strong labor market despite growing fears of a recession as the US Federal Reserve battles to rein in demand . Although the US Department of Labor’s weekly jobless claims report on Thursday showed jobless listings, or …

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How will China revive its economy? The world is about to find out.

How will China revive its economy? The world is about to find out.

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For months, investors and CEOs have waited impatiently for China to ease its Covid restrictions, which were weighing on the economy and out of sync with the rest of the world. Stock markets rallied on mere rumors of policy changes. Companies have warned that ‘zero Covid’ is hurting business. Now that China has finally started …

How will China revive its economy? The world is about to find out. Read More »