Producer Prices Post Biggest Drop in Three Years
U.S. producer prices recorded their largest drop in three years in April as gasoline and food costs tumbled.
U.S. producer prices recorded their largest drop in three years in April as gasoline and food costs tumbled.
Gold, often touted as the most trustworthy of investments, has looked wild over the past month, plunging $200 in April. Where is it headed next?
Scant inflation and still-modest U.S. economic growth will likely lead the Federal Reserve this week to maintain its drive to keep borrowing costs at record lows indefinitely.
Are your ideas about growing old sabotaging your chances of living well later in life? Here are some of the worst money lies people tell themselves on the road to retirement.
Inflation is a real threat to your long-run ability to make ends meet, and you'll need a way to fight it. Dividend stocks just might be the best weapon available.
It's Financial Literacy Month, so throughout April we'll be examining key economic concepts that affect your everyday finances. Today's term: net worth.
The dollar's rising again, which helps Americans by making imports cheaper and curbing inflation, but it can also hurt U.S. companies that are increasingly reliant on exports.
In January, U.S. incomes dropped, but spending rose as consumers dug into savings to help cover rising utility costs and the increased price of gasoline.
The Federal Reserve's low interest-rate policies are giving key support to an economy still burdened by high unemployment, Chairman Ben Bernanke told Congress on Tuesday. Bernanke signaled that the Fed's efforts to keep borrowing costs low -- buying treasuries and mortgage bonds -- will continue.
Just as we hear that previously occupied home sales hit their second-highest level in three years, we also hear that the Federal Reserve is having second thoughts on its latest round of quantitative easing, also known as QE3.
U.S. consumer prices were flat last month, the latest sign inflation is in check. That could give the Federal Reserve leeway to continue its efforts to stimulate growth. Excluding the volatile food and energy categories, core prices rose 0.3 percent in January, pushed up by higher costs for apparel, air fares and rents.
Several Federal Reserve policymakers warned last month that the Fed's plan to keep buying $85 billion in bonds each month until the job market is healthy could eventually escalate inflation, unsettle financial markets or cost the Fed money when it sells its investments.
U.S. wholesale prices rose only slightly in January after three straight declines, the latest sign that inflation is posing no threat. It means the Federal Reserve has room to keep interest rates at record lows without worrying about igniting inflation.
President Obama's State of the Union proposal to raise the federal minimum wage to $9 an hour has the retail industry on edge and fast food stocks struggling.
In the past, the Fed believed it had no business trying to deflate asset bubbles -- even though when they pop, they can wipe an economy out almost overnight. But a speech made by recently appointed Federal Reserve Governor Jeremy Stein suggests that policy may be about to change.














