– Data Covid-19 USA – The overall 2021 increase in the gross domestic product was the biggest in decades as the pandemic’s effects eased, though challenges continue.
– Data Covid-19 USA – Jerome H. Powell, the Fed chair, said the central bank could raise rates imminently as officials cut back help for the economy.
The S&P 500 slid into correction territory before rallying, and signals on Wall Street show that investors have become markedly more pessimistic.
The White House is emphasizing that inflation is worldwide. Economists say that’s true — but stimulus-spurred consumer buying is also to blame.
Stocks are off to their worst start of a year since 2016 as the central bank pulls back the enormous stimulus programs it began in the early months of the pandemic.
The nominees would bring more diverse leadership to the Fed, which has struggled to expand its ranks.
The Consumer Price Index increased at the fastest pace in 40 years, a new report showed.
The Federal Reserve chair is testifying before lawmakers as he seeks Senate confirmation to a second term.
The gain of 199,000 was the weakest of the year, but not for lack of demand: The unemployment rate fell to 3.9 percent, and wages increased.
Shares soared as interest rates stayed low and stimulus programs helped the economy. But expected changes could make investors wary.
- Lottogewinn nur gegen Guthabenkarten Im sächsischen Neukieritzsch haben Trickbetrüger einem Rentner mehr als 2.000 Euro aus der Tasche gezogen. Per Brief und am Telefon gaukelten sie ihm einen Geldgewinn vor – für den er angeblich zahlen müsse.