Author: super@dmin

Consumer spending rose 0.6% in September as Americans spent more on travel and new cars, signaling the economy is still expanding even as inflation and rising interest rates dim future growth prospects.

The IRS is hoping next tax season will be smoother than recent years.

A key gauge of U.S. inflation rose a mild 0.3% in September, aided by the lower cost of gas. Yet prices are still going up even if they aren’t climbing as fast as they were earlier in the year.

Bank of America sees a recession around the corner, which should be just the tonic for a historical rout in bonds.

Gold prices softened again on Friday, but remained on track for a weekly gain driven by expectations for a down shift in the pace of Federal Reserve interest-rate hikes.

WHO says new variants suggest the coronavirus may evolve further

Oil futures trade lower early Friday after several Chinese cities widened COVID-19 restrictions, but crude remained on track for solid weekly gains.

Meta once held a place in the exclusive trillion-dollar club. Now it’s worth less than Home Depot.

Apple could be the only mega-cap technology company not to see a sharp post-earnings decline in its stock price this week.

Watch out as politics increasingly focuses on the Fed’s rate hikes rather than inflation.