Recovery’s stumbles leave Americans confronting unfamiliar inflation risk
Most economists back Fed’s patient stance, but prices are rising on everything from used cars to cigarettes......»»
Americans should keep masking up with economic recovery under way, Fed"s Powell says
The virus and its variants are the "main risk" to the rec.....»»
Americans have saved $1.6 trillion since the pandemic started and it poses little inflation risk, the Fed says
Americans were sitting on $1.6 trillion of cash even before Biden's stimulus sent them more direct payments. The Fed estimates a third will be spent. A man uses th.....»»
Wall Street and Main Street finally have something in common: They"re both scared of how the US economic recovery will hit their wallets
Fund managers now see higher-than-expected inflation as the biggest risk to markets, and Goog.....»»
Americans" inflation expectations hit a 7-year high as the economic recovery picked up, Fed survey finds
Such expectations are used as a gauge of future inflation since businesses are likely to lift prices in line with what consumers anticipate. B Businesses are likely to lift prices in line wit.....»»
Biden and the Fed leave 1970s inflation fears behind
After years of dire inflation predictions that failed to pan out, the people who run fiscal and monetary policy in Washington have decided the risk of “overheating” the economy is much lower than the risk of failing to heat it up enough......»»
Loonie Surges After Hawkish Bank Of Canada Sees Faster Recovery, Warns Of Upside Inflation Risk
Loonie Surges After Hawkish Bank Of Canada Sees Faster Recovery, Warns Of Upside Inflation Ris.....»»
Economists see uneven recovery, high unemployment through 2021
The trillions of dollars in cash and loans unleashed by the Federal Reserve and U.S. political leaders in recent weeks is likely to leave millions of additional Americans unemployed for an extended time, according to new economic forecasts......»»
Outdated FEMA flood maps cost uninsured homeowners millions
FEMA maps leave some 100 million Americans and 35 to 40 million uninsured homes and businesses at risk of flooding, according to flood risk group......»»
Outdated FEMA flood maps cost uninsured homeowners millions
FEMA maps leave some 100 million Americans and 35 to 40 million uninsured homes and businesses at risk of flooding, acco.....»»
Global trade skirmish puts factories, recovery at risk
LONDON/BEIJING (Reuters) - Factory growth in major manufacturing hubs showed signs of cooling last month as companies braced for potential damage from rising global trade tensions while also grappling with accelerating inflation and a strong dollar......»»
"We"re Buying This Soft Landing": Former Fed Governor Blames Government Spending For Delaying Rate Cuts
Robert Kaplan critiques U.S. fiscal policies, stating they hinder Fed's ability to cut rates amidst inflation. Risk of high rates and debt. read more.....»»
Billionaire investor Ray Dalio says he"s owning gold to hedge the risk of debt and inflation crises
The risks of debt defaults and inflation boost gold as an investment, Dalio said. The precious metal has hit record .....»»
Crypto Analyst Warns Bitcoin"s Impending Correction As Rally Falters: "We Are Bearish Risk Assets"
This adjustment, combined with persistent inflation and a robust labor market, has propelled the 10-year Treasury yield to its highest level since November 2023, thus diminishing the allure of riskier investments. read more.....»»
Americans Now Worry About Out-Of-Control Power Bill Inflation
Americans Now Worry About Out-Of-Control Power Bill Inflation Tens of millions of Americans are having trouble paying their power bills as residential electricity inflation continues to run rampant.....»»
Inflation Has Become A Bigger Risk For Stretched Gold Prices
Inflation Has Become A Bigger Risk For Stretched Gold Prices Authored by Simon White, Bloomberg macro strateg.....»»
California"s home insurance crisis: What went wrong, how it can be fixed and what owners can do
Major insurers have pulled back from California's homeowners market, citing wildfires, inflation and other challenges. But there are steps at-risk homeowners can tak.....»»
US stocks trending mostly higher hours before Tuesday"s opening bell
U.S. equity futures are pointing to a higher opening Tuesday after Monday's rebound in shares of technology and communications companies and as investors grew more comfortable with the inflation outlook and the pace of the economic recovery......»»
Inflation posturing divides investors
Investors are positioning for the risk of higher inflation as the reopening of the U.S. economy gathers steam, but may not be prepared if the worst of the price increases has already run its course......»»
Expansions of the Child Tax Credit and Earned Income Tax Credit were an important move, but they are only temporary and leave out too many Americans in need
Making the expansions permanent and educating Americans about their benefit are great places to start. US President Joe Biden signs the American Rescue Plan on.....»»
Market Snapshot: Dow industrials rise about 250 points, but on track for weekly loss
Equity benchmarks rise Friday morning, aiming to mark a second day of gains in a choppy week of trade that continues to be marked by concerns about Federal Reserve policy in the face of rising inflation in the economy's Covid recovery......»»