Profile picture of The Kansas City Star
These 10 billionaires in Kansas and Missouri are worth over $100B. Who they are: These people got their fortunes from Koch Industries, Bass Pro Shops and the ...
kansascity.com/news/local/article287596760.html
These 10 billionaires in Kansas and Missouri are worth over $100B ...
Profile picture of The Kansas City Star
These 10 billionaires in Kansas and Missouri are worth over $100B. Who they are: These people got their fortunes from Koch Industries, Bass Pro Shops and the ...
kansascity.com/news/local/article287596760.html
These 10 billionaires in Kansas and Missouri are worth over $100B ...
Profile picture of Insider (news website)
Average US home price could spike 20% to $500,000 if Fed cuts too soon: Cutting interest rates could spark a homebuying frenzy that combines with rising housing ...
businessinsider.com/average-us-home-price-median-fed-mortgage-rates-inflation-pulte-2024-4
Average US home price could spike 20% to $500,000 if Fed cuts too soon
Profile picture of Axios (website)
Dissent at the Fed could be on its way back: An increasingly vocal hawkish bloc is wary of cutting rates in the near term.
axios.com/2024/04/09/fed-dissent-policymakers-rate-cut-plans
Dissent at the Fed could be on its way back
Profile picture of Sourcing Journal
Baltimore Bridge Aftermath: Fed Says Price Surges Are Not Widespread: Baltimore’s Francis Scott Key Bridge collapse has caused some shipping delays ...
sourcingjournal.com/topics/logistics/baltimore-francis-scott-key-bridge-collapse-federal-reserve-fed-shipping-delays-price-beige-book-freight-rates-506004/
Baltimore Bridge Aftermath: Fed Says Price Surges Are Not Widespread
Profile picture of Yahoo Finance
The Federal Reserve said that it officially saw a net negative income of $114.3 billion in 2023, a record loss tied to expenses related to managing the US ... Show more   finance.yahoo.com/news/fed-says-official-net-negative-150259152.html
Profile picture of Yahoo Finance
The Federal Reserve said that it officially saw a net negative income of $114.3 billion in 2023, a record loss tied to expenses related to managing the US ... Show more   finance.yahoo.com/news/fed-says-official-net-negative-150259152.html
Profile picture of Insider (news website)
Gen Z increasingly has no income, cannot retire or buy houses: A growing group of Gen Zers aren't working or going to school.
businessinsider.com/gen-z-increasingly-no-income-cannot-retire-or-buy-houses-2024-3
Gen Z increasingly has no income, cannot retire or buy houses
Profile picture of Axios (website)
Retirements spike again as stock market booms: More working stiffs are exiting the stage.
axios.com/2024/02/19/american-retirement-boom-high-stock-market-returns
Retirements spike again as stock market booms
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More Americans are falling behind on auto loans: What to do if you can't make car payments
usatoday.com/story/money/cars/2024/03/03/how-to-make-car-loan-payments/72830977007/
More Americans are falling behind on auto loans: What to do if you can't ...
Profile picture of Insider (news website)
Mortgage rates could drop if Fed cuts interest rates, housing prices remain high: Lowered rates might make mortgages more affordable, but a housing shortage will ...
businessinsider.com/federal-reserve-interest-rate-mortgage-affordable-housing-prices-market-cost-2024-2
Mortgage rates could drop if Fed cuts interest rates, housing prices ...
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Auto loan delinquencies keep going up: What to do if you can't make car payments: The jump in auto loan delinquencies is the most pronounced for low income ...
freep.com/story/money/personal-finance/susan-tompor/2024/02/29/delinquencies-keep-going-up-what-to-do-if-you-cant-pay-the-car-loan/72744061007/
Auto loan delinquencies keep going up: What to do if you can't make car ...
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Fed in a trust-but-verify moment as inflation falls: In economic projections issued after their December meeting U.S. Federal Reserve officials on balance saw a ...
reuters.com/markets/us/fed-trust-but-verify-moment-inflation-falls-2024-01-30/
Fed in a trust-but-verify moment as inflation falls
Quick Glance: Labor Cost Data Signals Inflation Improvement
  • Recent ECI data shows significant decline in labor cost growth, indicating easing inflation and a shift in the Fed's monetary policy.

  • The Employment Cost Index (ECI), the Fed's preferred measure of labor costs, saw its smallest quarterly increase in over two years, signaling a positive change in the central bank's inflation fight.

  • ECI data for the quarter suggests a cooling of inflationary pressures within the job market, crucial for the Fed's monetary policy decisions.

  • The decline in labor cost growth supports the Fed's confidence that the current reduction in inflation is sustainable and signals a move toward more balanced labor market conditions.
Profile picture of Reuters
Fed reports record loss for 2023 amid surge in interest expenses: Rising income expenses pushed the Federal Reserve system deep into a record loss last year ...
reuters.com/markets/us/fed-reports-steep-paper-loss-2023-amid-surge-interest-expenses-2024-01-12/
Fed reports record loss for 2023 amid surge in interest expenses
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Speculation about eventual rate cuts is rising, but Fed is set to leave interest rates unchanged
pbs.org/newshour/economy/speculation-about-eventual-rate-cuts-is-rising-but-fed-is-set-to-leave-interest-rates-unchanged
Speculation about eventual rate cuts is rising, but Fed is set to leave ...
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Elder millennials' credit card debt, median income, homeownership rates: The picture of elder millennials' debt and spending versus their income is bleak right ...
businessinsider.com/credit-card-debt-income-homeownership-foreclosure-bankruptcy-elder-millennials-lifestyle-2023-12
Elder millennials' credit card debt, median income, homeownership rates
Profile picture of St. Louis Post-Dispatch
Quick Glance: Black Friday Disappoints UK Shoppers
  • Sales in cash terms are expected to be on a par with 2022, but prices are higher due to inflation, meaning fewer items will be sold.

  • Online activity was flat and footfall at shopping destinations was down by more than 5%.

  • Black Friday is no longer a single-day event, but now starts in November and runs for several weeks.

  • Some retailers saw a slight uplift, but sales are only expected to increase by 0.4% over last year, according to analysis by GlobalData for Vouchercodes.co.uk.
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Powell reinforces the Federal Reserve's cautious approach toward further interest rate hikes
pbs.org/newshour/politics/powell-reinforces-the-federal-reserves-cautious-approach-toward-further-interest-rate-hikes
Powell reinforces the Federal Reserve's cautious approach toward ...
Quick Glance: Powell's Pushback Impacts Market Reaction
  • Federal Reserve Chairman Jerome Powell holds a press conference in Washington

  • Market reacts to Powell's resistance against early rate cuts

  • Minimal change in market pricing after Powell's precautionary measure

  • 30-year auction closes with higher yield than expected, signaling investor concerns
Profile picture of Nikkei Asia
U.S. to 'most likely' avoid recession, ex-St. Louis Fed's Bullard says: WASHINGTON -- Continued growth is the "most likely scenario" for the U.S ...
asia.nikkei.com/Editor-s-Picks/Interview/U.S.-to-most-likely-avoid-recession-ex-St.-Louis-Fed-s-Bullard-says
U.S. to 'most likely' avoid recession, ex-St. Louis Fed's Bullard says
Profile picture of Omaha World-Herald
More free COVID-19 tests from the government are available for home delivery through the mail
omaha.com/news/nation-world/free-covid-test-online-order/article_3ccaebf9-6880-59bd-9a0c-4ba5ae7b4109.html
More free COVID-19 tests from the government are available for home ...
Profile picture of cointelegraph.com
US dollar hits 4-month low as Bitcoin trader predicts 10% drop to come: BTC price should benefit from a U.S. dollar dive with DXY in line to dip below $100 ...
cointelegraph.com/news/us-dollar-4-month-low-bitcoin-trader-predicts-10-drop
US dollar hits 4-month low as Bitcoin trader predicts 10% drop to come
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Former St. Louis Fed president says the FOMC still has 'a ways to go' on inflation
cnbc.com/2023/11/14/bullard-ex-st-louis-fed-president-says-fomc-still-has-a-ways-to-go-on-inflation.html
Former St. Louis Fed president says the FOMC still has 'a ways to go' on ...
Profile picture of Insider (news website)
8 Cities to Buy Real-Estate In Now — All With Home Prices Under $290K: These cities offer real-estate investors great opportunities in a high-interest-rate ...
businessinsider.com/best-cities-to-buy-house-real-estate-affordable-home-prices-2023-11
8 Cities to Buy Real-Estate In Now — All With Home Prices Under $290K
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The Most Powerful Women in Finance: No. 14, Penny Pennington, Edward Jones: Pennington has been with Edward Jones since 2000. She has held such positions as ...
americanbanker.com/news/the-most-powerful-women-in-finance-2023-penny-pennington-edward-jones
The Most Powerful Women in Finance: No. 14, Penny Pennington, Edward Jones
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James Bullard Says Fed May Need to Hike Rates Further If Inflation Quickens Pace: Former Federal Reserve Bank of St. Louis President James Bullard said investors ...
bloomberg.com/news/articles/2023-10-13/bullard-says-may-need-more-fed-hikes-if-inflation-quickens-pace
James Bullard Says Fed May Need to Hike Rates Further If Inflation ...
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Top-Earning US Males See Pay Grow After 35 as Most See It Fade: Most US male workers experience the bulk of wage growth by 35, while high earners continue to see ...
bloomberg.com/news/articles/2023-10-16/top-earning-us-males-see-pay-grow-after-35-as-most-see-it-fade
Top-Earning US Males See Pay Grow After 35 as Most See It Fade
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4 Ways Higher Interest Rates Are Good For Your Finances: When the Federal Reserve raises interest rates, it's not always bad news. There are a few ways higher ...
forbes.com/sites/jimwang/2023/10/10/4-ways-higher-interest-rates-are-good-for-your-finances/
4 Ways Higher Interest Rates Are Good For Your Finances