Tag Archives: finance

Inflation Week is Here

Financial FAQs “The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent on a seasonally adjusted basis in June, after rising 0.1 percent in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , | Leave a comment

A Better Jobs Report?

Popular Economics Weekly “Total nonfarm payroll employment increased by 147,000 in June, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in state government and health care. Federal government … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , , | Leave a comment

Too Many Vacant Jobs?

Financial FAQs The number of job openings was little changed at 7.8 million in May, the U.S. Bureau of Labor Statistics reported today. Over the month, both hires and total separations were little changed at 5.5 million and 5.2 million, … Continue reading →

Posted in Consumers, COVID-19, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , , | Leave a comment

Worried Consumers Shop Less

Popular Economics Weekly “Disposable personal income (DPI)—personal income less personal current taxes—decreased $125.0 billion (0.6 percent) and personal consumption expenditures (PCE) decreased $29.3 billion (0.1 percent).” BEA.GOV We are seeing one of the classic signs of a looming recession—consumers are … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , | Leave a comment

First Quarter Growth Revised Lower

Financial FAQs “Real gross domestic product (GDP) decreased at an annual rate of -0.5 percent in the first quarter of 2025 (January, February, and March), according to the third estimate released by the U.S. Bureau of Economic Analysis. In the fourth … Continue reading →

Posted in Uncategorized | Tagged , , , , , , , , | Leave a comment

Interest Rates Coming Down?

The Mortgage Corner “Existing-home sales rose in May, according to the National Association of REALTORS®. Sales elevated in the Northeast, Midwest and South, but retreated in the West. Year-over-year, sales progressed in the Northeast and Midwest but contracted in the … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, Politics, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

U.S. Already in Recession?

Financial FAQs The Conference Board Leading Economic Index® (LEI) for the US ticked down by 0.1% in May 2025 to 99.0 (2016=100), after declining by 1.4% in April (revised downward from –1.0% originally reported). The LEI has fallen by 2.7% in … Continue reading →

Posted in Consumers, COVID-19, Economy, housing market, Politics, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

What’s the Fed Saying?

The Mortgage Corner “In considering the outlook for monetary policy, participants agreed that with economic growth and the labor market still solid and current monetary policy moderately restrictive, the committee was well positioned to wait for more clarity on the … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

Who Needs a Tax Cut?

Popular Economics Weekly “A bill that cuts federal income taxes for middle-class families makes absolutely no sense, except as a sad way of camouflaging the real intent of the bill: Giving millions of dollars to the very wealthy, who happen … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged , , , , , , , , | Leave a comment

What’s Next?

Financial FAQs “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 1.1 percent on May 1, down from 2.4 percent on April 30.” AtFedGDPNow What’s next for economic growth? Predictions for Q2 … Continue reading →

Posted in Consumers, COVID-19, Politics, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment