Spending

Financial News for the Week of August 16th, 2024

Financial News Highlights The July report for the Consumer Price Index showed headline inflation fell below 3% for the first time since March…


Financial News for the Week of August 2nd, 2024

Financial News Highlights Nonfarm payroll gains came in lower than expected in July, with the unemployment rate heading higher in financial…


Financial News for the Week of July 26th, 2024

Financial News Highlights The U.S. economy accelerated in the second quarter, growing by 2.8% (annualized), up from 1.4% in the first quarter in…


Financial News for the Week of July 19th, 2024

Financial News Highlights After an eerily calm few months, a fresh dose of volatility descended across global financial markets this week in…


Financial News for the Week of June 28th, 2024

Financial News Highlights Headline PCE inflation came in flat for the month of May and core PCE inflation eased in financial news. Personal…


Financial News for the Week of June 21st, 2024

Financial News Highlights U.S. retail sales grew marginally in May, however the downward revision in April points to waning momentum among U.S.…


Financial News for the Week of June 14th, 2024

Financial News Highlights In a widely expected move, the Federal Reserve held the policy rate steady in the target range of 5.25%-5.5% in major…


Financial News for the Week of May 31st, 2024

Financial News Highlights Revisions to economic growth in the first quarter featured a mark down to consumer spending in financial news. That theme…


Financial News for the Week of May 10th, 2024

Financial News Highlights The Federal Reserve Senior Loan Officer Opinion Survey showed that most banks tightened lending standards further in the first…


Financial News for the Week of May 3rd, 2024

Financial News Highlights The Federal Reserve held the policy rate steady this week and signaled that rates will likely remain higher for longer in financial…