Consumer
Consumer
Consumer
US consumer prices unexpectedly rise in November
WASHINGTON (Reuters) – U.S. consumer prices unexpectedly rose in November while underlying inflation pushed higher, offering more evidence that the Federal Reserve was unlikely to pivot to interest rate cuts early next year. The consumer […]
Consumer
Oil prices are crashing. Blame uncertain demand and booming US production.
Scroll back up to restore default view.Phil RosenWed, December 6, 2023, 9:42 PM ESTIn this article: CL=F+0.95% US and Brent crude oil prices plummeted on Wednesday to $69 and $74 a barrel, respectively. US crude […]
Consumer
Home prices hit another record high in August
Rebecca Chen·Reporter Tue, October 31, 2023, 9:23 AM EDT Home prices finished the summer at another record high as home affordability tanks to a historical low. The S&P CoreLogic Case-Shiller National Home Price Index increased 0.9% in […]
Consumer
Benchmark 10-year U.S. Treasury yield tops 5%
Mon, October 23, 2023, 5:10 AM EDT LONDON, Oct 23 (Reuters) — The yield on the benchmark 10-year U.S. Treasury note rose above 5.0% on Monday, hitting the July 2007 milestone that it briefly attempted […]
Consumer
More Americans Think They Can Retire With Less Money by Claiming Social Security Early, But Are They Right?
Brian J. O’Connor Tue, October 17, 2023, 11:30 AM EDT Hammered by inflation, recession fears and doubts about the future of Social Security, an increasing number of working Americans say they plan to claim their Social […]
Consumer
Consumer
$150,000 Salaries Aren’t Enough Anymore — 1/3 Of High Earners Are Still Trapped Living Paycheck To Paycheck And Can’t Get Ahead
Jeannine Mancini Fri, October 6, 2023, 11:59 AM EDT When people think of the term living paycheck to paycheck, images of low-income families struggling to make ends meet might come to mind. But new data […]
Consumer
Gold extends fall as strong dollar, higher US rates take toll
Ashitha Shivaprasad Sun, October 1, 2023, 11:45 PM EDT In this article: By Ashitha Shivaprasad (Reuters) – Gold extended its decline for a sixth straight session on Monday to hit a near seven-month trough, as […]