Why are groceries still so expensive?
Inflation is falling faster than most economists expected, but steep food prices are still taking a large bite out of Americans’ budgets. Grocery prices have surged more than 21% since…
Inflation is falling faster than most economists expected, but steep food prices are still taking a large bite out of Americans’ budgets. Grocery prices have surged more than 21% since…
Bitcoin (BTC) surged on Wednesday to break above $60,000, putting it within striking distance of its all-time high as enthusiasm for the world’s largest cryptocurrency reached a level last seen…
Artificial intelligence (AI) has become the hottest investment theme, thanks to the technology’s potential to improve everything from people’s daily routines to the way business is done. It can be…
The stock market is red-hot. The S&P 500 crossed 5,000 for the first time ever; the Dow Jones Industrial Average is making new all-time highs regularly. Meanwhile, the Nasdaq Composite,…
The prices consumers pay in the marketplace rose at an even slower pace than originally reported, according to closely watched revisions the government released Friday. Updates to the consumer price…
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The Dow Jones Industrial Average, or Dow 30, is meant to be a collection of prestigious blue-chip stocks that represent the U.S. economy well. However, not every company on the…
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Key Points The core personal consumption expenditures price index for December, an important gauge for the Federal Reserve, increased 0.2% on the month and was up 2.9% on a yearly…
Key Points Pending home sales are down 8% year over year, according to Redfin. It’s the biggest decline in four months. Part of the decrease can be explained by severe…