Treasury Secretary nominee pressed on bank regulation, credit card fees
During a confirmation hearing, Bessent called for less regulation on banks and criticized credit card companies, although he stopped short...
Economy
Home builder confidence rises slightly in January
Builder confidence in the market for single-family homes in January was 47, up from 46 the previous month, according to...
Business inventories tick up in November
Business inventories in November 2024 came in at $2.59 trillion, up 0.1% from the month prior and up 2.6% from...
Retail sales increased 0.4% in December
Retail and food service sales for December 2024 were $729.2 billion, up 0.4% from the previous month and up 3.9%...
Beige Book: Economic activity ticked up at end of 2024
Economic activity increased slightly to moderately across the 12 Federal Reserve districts in late November and December, the Fed said...
Consumer Price Index 2.9% in December
The Consumer Price Index rose 0.4% in December after rising 0.3% the month before, and increased 2.9% over the past...
Producer prices rose in December
The Producer Price Index increased 0.2% in December from the previous month, the Labor Department reported. The index showed prices...
NFIB: Small-business optimism rose in December
The NFIB Small Business Optimism Index rose by 3.4 points in December to 105.1, the highest reading since October 2018.
New York Fed: Consumer inflation expectations mixed
Consumer inflation expectations in December 2024 were unchanged at the short-term horizon, increased at the medium-term horizon and decreased at...
ABA DataBank: Breakfast is becoming increasingly costly
Egg prices are climbing due to avian flu, while orange juice and coffee are up due to hurricanes, droughts and...
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