There is deflation in some items as Wingstop notes dropping chicken wing prices
At a time when many consumers may have forgotten what deflation is, Wingstop said it's reaping the benefits of lower chicken wing prices.
Yellen says the economy is not in a recession despite GDP slump
Treasury Secretary Janet Yellen said Thursday the U.S. economy is in a state of transition, not recession, despite two consecutive quarters of negative growth.
The economy may look like it’s in recession, but we still don’t know for sure
The GDP report brought the economy in line with a common definition of recession. But we won't know for sure if it officially becomes one...
GDP fell 0.9% in the second quarter, the second straight decline and a strong recession signal
Gross domestic product fell 0.9% at an annualized pace for the period, according to the advance estimate.
Euro zone economy grows 0.7% in the second quarter despite gas crisis and inflation surge
Growth in the euro zone beat expectations for the second quarter, coming in at 0.7%.
Inflation figure that the Fed follows closely hits highest level since January 1982
An inflation gauge that the Federal Reserve uses as its primary barometer jumped to its highest 12-month gain in more than 40 years in June.
Top Federal Reserve officials say they misread inflation and now plan to correct the course
It's the Federal Reserve task to tame inflation that is running at a pace not seen in four decades. To do so, it has been...
Here’s how advisors are shifting clients’ portfolios as the Federal Reserve again hikes rates by 75 basis points
The Federal Reserve on Wednesday raised its interest rates again, by another 75 basis points, to combat soaring inflation. Here's how portfolios are shifting.
Elon Musk has taken even shorter flights than Kylie Jenner’s 17-minute trip, says jet-tracking teen
Jack Sweeney, a college sophomore who tracks billionaires' and celebrities' jets, says Elon Musk has taken shorter flights than Kylie Jenner's recent 17-minute trip.