Economy
Latest economy news and analysis
The Report That Could Change Everything Drops June 10 — Here's What to Watch
The May CPI inflation report releases June 10 — and the numbers could either open the door to Fed rate relief or slam it shut for the rest of 2026.
May Jobs Report: U.S. Added 172,000 Jobs, Nearly Doubling Forecasts
The U.S. economy added 172,000 jobs in May — nearly double analyst expectations — keeping unemployment at 4.3% but triggering a market selloff over rate concerns.
April CPI Rose 3.8% as Energy Prices Surge 17.9% Year Over Year
Inflation hit 3.8% in April, driven by a near-18% spike in energy costs, keeping the Fed on hold and putting rate hike odds back on the table for 2026.
Treasury Yields Spike Above 4.5% After Strong May Jobs Report
The 10-year yield surged above 4.5% and the 30-year topped 5% after May added 172,000 jobs — nearly doubling forecasts and crushing rate-cut hopes.
Tariffs Are Showing Up in Your Grocery Cart, Fed Research Confirms
The Federal Reserve's own economists now link rising core goods prices directly to tariffs. Here's what that means for your grocery bill, and when relief might come.
May Jobs Report Crushed Forecasts — Here's the Catch for Your Wallet
U.S. employers added 172,000 jobs in May — nearly double expectations. That sounds great, but it may mean higher interest rates are coming for your loans and credit cards.
Fed Holds Rates at 3.5-3.75%: What It Means for Your Mortgage, Car Loan, and Credit Card
The Federal Reserve held its benchmark rate steady at 3.5 to 3.75% in April 2026. Here is exactly how that decision ripples through your mortgage, auto loan, and credit card bill.
Rare Earth Minerals: The Hidden Reason Your Electronics Are Getting More Expensive
China controls 90% of global rare earth processing. Its export controls, now six months old, are cascading through the supply chain in ways most consumers haven't noticed yet — but will.
Fed Holds Rates Steady as Tariff Inflation Clouds the Outlook
The Federal Reserve kept interest rates unchanged Wednesday, citing persistent uncertainty from new trade tariffs that have pushed consumer prices higher for the third straight month.