inflation

October 8, 2024

Inflation Eases, But Concerns Persist as 2024 Election Approaches

As the U.S. gears up for a pivotal presidential election, inflation has quietly returned to normal levels, but it remains a top concern for many voters. According to a recent Ipsos poll,

November 8, 2024

U.S. Stocks Rally After Fed Rate Cut Amid Post-Election Gains

U.S. stocks continued their post-election surge Thursday, buoyed by the Federal Reserve’s decision to cut interest rates. All three major indexes touched record highs during the session, building on momentum seen earlier

November 11, 2024

4 Strategies to Maximize Holiday Savings in a High-Cost Year

As economic concerns linger across the country, American households are grappling with rising costs and financial stress this holiday season. According to the National Retail Federation, holiday spending in the U.S. is

Gold Surpasses $4,000 Amid Shutdown and Market Turmoil

by Jamie Spencer

Investors rush to safe haven as uncertainty mounts Gold futures crossed the $4,000 mark per troy ounce for the first time, as anxious investors seek security during the ongoing U.S. government shutdown.

October 7, 2025

US GDP Revised Up, Signals Continued Economic Strength

by Jamie Spencer

Second-quarter growth jumps to 3.8% on strong consumer spending The United States economy grew more than previously reported in the second quarter, as the Commerce Department’s final estimate showed GDP expanding at

September 25, 2025

UK Economy Stalls in July, Pressuring Autumn Budget

by Jamie Spencer

Growth flatlines amid sectoral weakness The UK economy showed no growth in July, marking a sharp slowdown from the 0.4% expansion recorded in June, according to the Office for National Statistics (ONS).

September 12, 2025

AI Optimism and Inflation Slowdown Lift Wall Street

by Jamie Spencer

Encouraging inflation report clears path for rate cuts Wall Street advanced further on Wednesday, with the S&P 500 rising 0.2% and on track for a second consecutive record close. While the Nasdaq

September 10, 2025

All Major Indexes Hit Record Highs Despite Job Worries

by Jamie Spencer

S&P 500, Nasdaq, and Dow close at historic levels U.S. stocks closed at all-time highs Tuesday, as investors looked past fresh concerns over the strength of the economy and focused instead on

September 9, 2025

Stocks Edge Higher as Fed Rate Decision Looms

by Jamie Spencer

Markets gain modestly ahead of key economic data U.S. stocks rose modestly Monday as investors await a series of economic reports that could determine whether the Federal Reserve will move forward with

September 8, 2025

The 4% Rule: Still Relevant for Retirees?

by Jamie Spencer

How a Simple Formula Was Born In the early 1990s, financial planner William Bengen developed what is now known as the 4% withdrawal rule. He published his research in 1994, offering a

September 3, 2025

Why 401(k) savers are struggling in 2025

by Jamie Spencer

Inflation disrupts retirement planning More than half of American workers say inflation is the main reason they are struggling to build a retirement fund. According to Schwab’s 2025 survey, 57 percent of

August 25, 2025

Dollar slides on Fed rate cut expectations

by Jamie Spencer

Second day of losses for the US currency The US dollar fell for a second consecutive session on Wednesday, following an inflation report that strengthened market expectations for a Federal Reserve rate

August 13, 2025

Trump Ousts BLS Chief as Fed Weighs Rate Cuts

by Jamie Spencer

Disputed jobs report sparks leadership change President Donald Trump has removed the head of the Bureau of Labor Statistics (BLS) after rejecting July’s employment report as “rigged.” The decision follows a release

August 12, 2025

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inflation