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What the August jobs report means for the Fed
Washington, DC CNN — The long-robust US job market is continuing to cool, according to several economic indicators released this week. That
The US economy grew more slowly in the second quarter than previously estimated
Washington, DC CNN — The US economy grew more slowly in the second quarter than previously estimated — a good sign for
Key San Francisco Fed official who oversaw supervision of SVB will retire
New York CNN — Azher Abbasi, head of supervision at the Federal Reserve Bank of San Francisco — and a key official
China accuses government worker of spying for the CIA in second public espionage claim
CNN — Chinese authorities on Monday publicly accused a government worker of spying for the CIA, the second high-profile espionage case publicized
Mortgage rates soar to their highest level in 21 years
Washington, DC CNN — US mortgage rates surged this week, rising to their highest level in 21 years. The 30-year fixed-rate mortgage
PPI: US wholesale inflation rose more than expected in July
Minneapolis CNN — US wholesale inflation rose more than expected in July, reversing a yearlong cooling trend, the Bureau of Labor Statistics
Help is needed as wildfires ravage Hawaii. How to know your donation is going to a legitimate charity
CNN — Residents of Maui have suffered widespread devastation as wildfires ravage the Hawaiian island, along with Hawaii’s Big Island. More than
Moody’s warns it could cut credit ratings of 6 big US banks
CNN — Moody’s has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and
US small businesses feel better about the economy, but still can’t find enough skilled workers
Washington, DC CNN — US small businesses are noticing slightly better business conditions and are feeling less pessimistic about the economy’s future,
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