by | Jun 26, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Politics, Premier |
Federal Reserve Chair Jerome Powell faced intense congressional scrutiny this week over the housing market and his approach to interest rates. Testifying before the Monetary Policy, Treasury Market Resilience, and Economic Prosperity Task Force on Tuesday and before...
by | Jun 18, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
At the latest Federal Open Market Committee (FOMC) meeting on June 18, the Federal Reserve board of governors once more chose to leave interest rates unchanged from the current 4.25 – 4.5 rate. Interest rates were last cut in December 2024. At a press...
by | Jun 13, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Consumers may finally be warming up to the economy again, and just in time for summer, according to the latest data from the University of Michigan. The preliminary results for June’s Index of Consumer Sentiment came in at 60.5, a 15.9% from the 52.2 reading seen in...
by | Jun 11, 2025 | Economy, Industry News, Latest News, National, News, Premier |
The ongoing back-and-forth over tariffs has caused concerns about costs of imported goods, passed onto U.S. consumers, spiking inflation. The latest Consumer Price Index (CPI) from the U.S. Bureau of Labor Statistics, one of the key measures of inflation, looks at...
by | Jun 6, 2025 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Jobs continued to see growth in May, albeit at a slower rate than previous months, as the unemployment rate remained steadfast, according to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics. The latest Jobs report saw employment grow by...
by | Jun 3, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Fed Chair Jerome Powell, speaking at the Federal Reserve Board’s International Finance Division 75th Anniversary Conference in Washington, D.C., June 2, did not shed any light on what, if any, decisions may or may not be upcoming regarding the economy and lowering of...