Washington CNN — President Joe Biden delivered a Thursday speech to hail economic progress during his…
Tag: Inflation
The Fed’s favorite inflation gauge shows price hikes cooled in December
The Federal Reserve’s preferred inflation gauge eased further in December, and consumer spending dipped — the…
The Fed’s favorite inflation gauge shows price hikes cooled last month | CNN Business
Minneapolis CNN — The Federal Reserve’s preferred inflation gauge showed prices rose at a slower pace…
The US economy grew by 2.9% in the fourth quarter, more than expected | CNN Business
Minneapolis CNN — The US economy expanded again during the fourth quarter, registering solid growth to…
As egg prices rise, so do attempts to smuggle them from Mexico, say US Customs officials | CNN
CNN — High prices are driving an increase in attempts to bring eggs into the US…
Mortgage rates fall to levels last seen in September | CNN Business
Washington CNN — Mortgage rates fell this week as economic data showed inflation is fading. The…
Retail sales continued to fall in December as shoppers battled inflation | CNN Business
Minneapolis CNN — It was a ho-hum end to 2022 for spending in America. US retail…
Why Egypt is asking its people to eat chicken feet | CNN Business
Editor’s Note: A version of this story appears in today’s Meanwhile in the Middle East newsletter,…