The gross domestic product (GDP) increased by an estimated 2.1% in the first quarter. The final reading was revised higher (from 1.6%), primarily reflecting a
Retirement used to mean a short, quiet final chapter. For many people today, it's something else entirely.
For much of the last century, retirement followed a
The Federal Reserve held the benchmark short-term interest rate steady at its January Federal Open Market Committee(FOMC) meeting. The pause follows three
The Federal Reserve was expected to hold its benchmark short-term interest rate in the range of 3.50% to 3.75% at the Federal Open Market Committee (FOMC)
The U.S. economy is exceeding expectations. The last two reports from the Commerce Department showed that the gross domestic product (GDP) expanded by an
Inflation showed signs of easing this past fall. Indeed, the November Consumer Price Index (CPI) report showed that the CPI and the core CPI, which excludes the
The Federal Reserve did both the expected and unexpected at the December Federal Open Market Committee (FOMC) meeting earlier this month. To nobody’s surprise
Some years pass quietly. 2025 wasn't one of them.
Between market swings, geopolitical shocks, and a news cycle that never seemed to pause, this year tested
The Federal Reserve was expected to reduce the benchmark short-term interest rate at the next Federal Open Market Committee (FOMC) meeting, which was scheduled
The odds of an interest-rate cut at this month’s Federal Open Market Committee (FOMC) meeting continue to gyrate. Recall that after the October FOMC decision
The Federal Reserve is walking a tight-rope heading into the December Federal Open Market Committee (FOMC) meeting. That is because recent data, though limited
Federal Reserve Chairman Jerome Powell struck a cautious tone at the October Federal Open Market Committee (FOMC) meeting. True, the central bank did as