Prices of Chinese goods imported into the United States rose by the highest percentage since July 2008.
Consumer spending remained robust, even excluding the pain at the pump.
Redfin still characterizes the current market as a buyer’s market, but no longer a ‘strengthening’ buyer’s market.
‘Powell’s legacy will be one of admirable steering of monetary policy during an increasingly shaky time for the U.S.,’ one top economist says.
More than three-fourths of the top 50 metro areas recorded annual declines in rents, according to Realtor.com.
Businesses are expected to benefit from the One Big Beautiful Bill Act’s provisions in the coming few months, an economist said.
Energy and services fueled a spike in wholesale inflation.
Senators pledged to advance measures to counter industry consolidation that has fostered dramatic increases in consumer prices—and corporate profits.
Economist Ed Yardeni headlined this current AI-fueled rally as a surge “To Infinity and Beyond!” I agree.
The U.S. Court of International Trade had ruled that the tariffs were not allowed under the Trade Act.
Federal prosecutors say Singapore-based Grace Ocean Private, Synergy Marine Group of India, and an onboard supervisor are criminally responsible.
Shelter inflation also contributes to the higher-than-expected reading.
The report indicates that 87 percent of travelers will drive.
Sales rebounded to a 0.2 percent increase in April from a 3.6 percent decline in March, but showed little ‘spring’ during the peak homebuying season.
The company recently revealed a new end-to-end organization, aiming to build low-priced electric vehicles.
The report shows that nearly 80 percent of new homes for sale are located in suburban areas, compared with more than 55 percent of existing homes.
Robust tech earnings and strong job gains lifted markets.
The company plans a 4 percent list-price increase in July after implementing its largest hike in a decade earlier this year.
Resolving supply disruptions and falling energy prices might be the only factors to boost sentiment.