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US stocks pull back from records after a hotter-than-expected inflation report
The hotter-than-expected inflation report forced traders to second guess the widespread consensus that the Federal Reserve will deliver some relief next month by cutting interest rates.
Credit scores decline for millions as US student loan collections restart
“The fact that this economy is driven by debt to begin with causes my score to be paramount no matter what financial decisions I’m making, outside of going to the grocery store,” said Andrew McCall of Boise.
Wall Street is on hold as the countdown ticks toward Friday’s jobs report
The expectation on Wall Street is for a slowdown in hiring from April.
US stocks drift as S&P 500 flirts with its first drop in 7 days
Stocks of companies in the travel industry fell to some of the market’s worst losses, as doubts continue about how much U.S. households will be able to spend on vacations.
Inflation cooled again last month as grocery and gas prices fell, few signs of tariff impact yet
The report suggests the tariffs haven't yet impacted the prices of many items.
Fed faces challenge of fighting inflation and spurring economic growth
The central bank's caution could lead to more conflict between the Fed and the Trump administration.
US employers add a solid 151,000 jobs last month though unemployment up to 4.1%
In Idaho, the most current data released from the Idaho Department of Labor was for December 2024, showing the unemployment rate at 3.8%.
Economist weighs in on current economy and what new administration could bring
I’m still optimistic but not feeling as strongly as I did in September. Most of that is due to the uncertainty at the national level.
How a Fed increase could affect credit card debt, auto loans
NEW YORK (AP) — Wall Street is retreating from its record heights after a disappointing report said inflation was worse last month at the U.S. wholesale level than economists expected. ...
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