[ad_1] The Federal Reserve ran an operating loss of $114.3 billion last year, its largest ever, a consequence of its campaign to aggressively support the economy in 2020 and 2021,…
Tag: Economic News
JPMorgan Posts Record Annual Profit Despite Quarterly Slip
[ad_1] Updated Jan. 12, 2024 8:00 am ET JPMorgan Chase’s fourth-quarter profit slipped, but it was still enough to push the bank to a record-breaking result for the full year.…
Nikkei’s Hot Run Continues; Hits Fresh 34-Year High
[ad_1] Updated Jan. 12, 2024 2:34 am ET The Nikkei Stock Average rose to a fresh 34-year high, underpinned by expectations for the Bank of Japan to maintain its super-loose…
Stocks Finish Roughly Flat After Inflation Data
[ad_1] Stocks staged an afternoon rally to erase most of their earlier declines Thursday after new data suggested inflation might not be cooling quite as quickly as some investors hoped.…
Inflation Edged Up in December After Rapid Cooling Most of 2023
[ad_1] Updated Jan. 11, 2024 1:27 pm ET Americans caught a big break last year as inflation fell by nearly half and paychecks grew, delivering real wage gains in 2023…
Americans Begin to Believe Inflation Is Cooling
[ad_1] Jan. 11, 2024 10:56 am ET It matters that inflation is lower now than it was a year ago. It also matters that people’s inflation expectations are moving lower.…
Americans Have Started to Believe Inflation Is Cooling
[ad_1] Jan. 11, 2024 10:56 am ET It matters that inflation is lower now than it was a year ago. It also matters that people’s inflation expectations are moving lower.…
Why This is a Good Year to Be a Renter in Four Charts
[ad_1] Families could finally catch a break on one of the biggest bills they may pay each month: the rent. The sting of rent inflation hit tenants hard the past…